OSL Raises Record $300M in Asia’s Largest Digital Asset Equity Deal
OSL Group has secured a landmark $300 million equity financing round, marking the largest publicly disclosed fundraise by a digital asset firm in Asia. The Hong Kong Stock Exchange-listed crypto platform announced the milestone, positioning it as a validation of its regulated approach ahead of the city's new stablecoin framework launching August 1.
Shares of OSL have surged 120% year-to-date, reflecting growing investor appetite for regulated crypto exposure in Hong Kong. The capital injection is expected to accelerate momentum in the region's digital asset sector as regulatory clarity improves.
"This milestone reflects strong market recognition of our digital asset business model and long-term growth trajectory," OSL stated. The funds will be deployed for strategic acquisitions, development of new global business lines including payment and stablecoin services, and working capital expansion.