Hong Kong’s OSL Secures $300M for Global Crypto Expansion Amid Stablecoin Push

OSL Group, Hong Kong's first licensed cryptocurrency exchange, has finalized a $300 million capital raise through a placing and subscription deal. The funding positions the firm to capitalize on accelerating institutional adoption of digital assets across Asia and beyond.

Half the proceeds will fuel strategic acquisitions targeting untapped international markets. Another 30% is earmarked for developing stablecoin payment infrastructure—a MOVE timed with Hong Kong's new regulatory framework taking effect August 1. The remaining funds will bolster operational capabilities.

The expansion reflects growing demand for regulated crypto services as traditional finance converges with digital assets. OSL's backers include both regional investors and global institutions seeking exposure to Asia's evolving crypto ecosystem.