Bitcoin News Today: Anchorage Debuts Federal Stablecoin Platform Under GENIUS Act OSL Secures $300M for Hong Kong Growth

Anchorage Digital, a U.S.-based crypto infrastructure provider, announced the launch of a stablecoin issuance platform under the framework of the GENIUS Act, a new federal legislation signed by President Donald Trump last week. The platform will begin with Ethena Labs’ USDtb, a stablecoin previously issued offshore, which will now be issued through Anchorage Digital Bank. The company holds a national trust charter from the U.S. Office of the Comptroller of the Currency, making it the first crypto firm to offer federally backed stablecoin issuance. USDtb, which has over $1.45 billion in circulation, is supported by a $100 million reserve fund raised by Ethena. The move aligns with the expanded regulatory authority of the Office of the Comptroller of the Currency under the GENIUS Act, positioning Anchorage as a key player in a rapidly evolving stablecoin market [1].

In parallel, OSL Group, a leading crypto exchange in China Hong Kong, secured $300 million in equity financing to expand its global operations. The funds will focus on developing stablecoin infrastructure and regulated payment systems. The capital raise follows China Hong Kong’s upcoming stablecoin regulatory framework, set to take effect on August 1, which aims to solidify the region’s position as a digital finance hub. OSL’s CFO highlighted growing interest from institutional investors, including sovereign wealth funds and hedge funds, in its services. The company plans to leverage the funding to capitalize on regulatory clarity in both China Hong Kong and international markets [2].

Meanwhile, Michael Saylor’s Strategy, a corporation heavily invested in Bitcoin (BTC), raised $2.8 billion through a novel preferred stock offering called “Stretch.” The shares offer a 9% annual dividend with no fixed maturity date, allowing the company to adjust payouts monthly. The issuance, initially priced at $100 per share, was oversubscribed and sold at $90, reflecting strong investor appetite for crypto-backed securities. Strategy now holds approximately 600,000 BTC, valued at around $70 billion, having transitioned from enterprise software to a corporate treasury focused on Bitcoin accumulation. The financing underscores the growing trend of institutional investment in digital assets, with companies leveraging hybrid equity-debt structures to expand crypto holdings [3].

The developments highlight a broader shift in the crypto landscape, driven by regulatory advancements and institutional adoption. The GENIUS Act’s emphasis on stablecoin oversight signals a potential paradigm shift in U.S. financial regulation, with Anchorage and other firms vying for federal charters. Similarly, OSL’s expansion aligns with China Hong Kong’s strategic push to attract global digital finance activity. Strategy’s aggressive BTC accumulation, funded through innovative capital instruments, reflects the maturation of corporate crypto portfolios and the blurring lines between traditional finance and digital assets.

These moves collectively underscore the sector’s resilience amid macroeconomic uncertainties and regulatory scrutiny. As stablecoin markets consolidate under stricter compliance frameworks, and Bitcoin’s role as a corporate asset grows, the interplay between technology, regulation, and capital will likely shape the next phase of crypto’s evolution.

Source:

[1] [The Crypto Roundup: 25 July 2025 | CryptoCompare.com](https://www.cryptocompare.com/email-updates/daily/2025/jul/25/)

[2] [The Crypto Roundup: 25 July 2025 | CryptoCompare.com](https://www.cryptocompare.com/email-updates/daily/2025/jul/25/)

[3] [The Crypto Roundup: 25 July 2025 | CryptoCompare.com](https://www.cryptocompare.com/email-updates/daily/2025/jul/25/)