Hong Kong’s OSL Group Secures $300M Equity Raise to Fuel Crypto Expansion

OSL Group, a leading digital asset platform in Asia, has closed a $300 million equity financing round—the largest disclosed capital raise in the region's crypto sector. The funds will drive stablecoin infrastructure development, global licensing efforts, and expansion of compliant payment networks.

The share sale priced at HK$14.90, a 15.3% discount to Thursday's close, triggering a 10% drop at Friday's open. Despite the dilution, OSL's stock remains up 120% year-to-date, reflecting robust investor appetite for crypto-linked equities.

The timing coincides with Hong Kong's forthcoming stablecoin legislation, set to take effect August 1. "This funding accelerates our global build-out," said CFO Ivan Wong, highlighting regulated stablecoins and payment rails as key priorities.