OSL Group raises $300M for stablecoin infrastructure as shares surge 120% YTD

OSL Group, a leading digital asset platform in Asia, has completed a $300 million equity financing round, the largest publicly disclosed capital raise in the region’s cryptocurrency sector to date [1]. The funds will be allocated to expand regulated stablecoin infrastructure, obtain licenses in new jurisdictions, and develop a compliant digital payments network [2]. The announcement coincides with the impending implementation of Hong Kong’s new stablecoin legislation on August 1, which aims to solidify the city’s role in global fintech innovation [3].

The share sale, priced at HK$14.90—15.3% below the previous trading day’s close—triggered a 10% decline in the stock’s opening price on July 26. Despite the short-term volatility, the company’s shares have surged 120% year-to-date, reflecting sustained investor confidence [4]. Ivan Wong, OSL’s CFO, emphasized that the funding will accelerate global expansion, particularly in regulated stablecoin infrastructure and compliant payment systems, aligning with the firm’s strategic pivot to digital assets in 2023 [5].

OSL’s aggressive growth strategy includes securing an exchange license in Australia and completing acquisitions in Japan and Europe. The firm also plans to advance real-world asset (RWA) tokenization, converting traditional instruments such as bonds and equities into digital tokens. This aligns with Hong Kong’s broader digital asset policy under the “LEAP” framework, which prioritizes legal clarity, ecosystem growth, and real-world adoption [6]. The city’s regulatory advancements, including plans to tokenize government bonds and ETFs, are expected to enhance institutional participation in the digital asset market [7].

The equity raise underscores the surge in investor interest in crypto-related equities, despite cautionary warnings from Hong Kong’s monetary authority about “excessive exuberance” in stablecoin speculation. OSL’s recent partnerships, such as introducing Toncoin (TON) for over-the-counter trading and collaborating with Interactive Brokers to expand crypto retail offerings in Hong Kong, highlight its position as a bridge between traditional finance and emerging digital markets [8].

The funding milestone reflects OSL’s ability to attract capital amid a competitive landscape, leveraging regulatory clarity and institutional demand. As Hong Kong positions itself as a global fintech hub, the firm’s expansion into regulated stablecoin infrastructure and cross-border payments could strengthen its market leadership. However, the significant discount in the share pricing and immediate stock price reaction signal investor caution about valuation metrics and long-term execution risks [9].

Source: [1] [Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [2] [Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [3] [Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [4] [Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [5] [Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [6] [Hong Kong Announces New Digital Asset Policy] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [7] [Hong Kong Announces New Digital Asset Policy] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [8] [Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/] [9] [Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand] [https://cryptonews.com/news/hong-kong-based-osl-group-secures-300m-equity-raise/]