Hong Kong’s OSL Raises $300M to Build Stablecoin Infrastructure as New Regulations Launch

OSL Group, a Hong Kong-based cryptocurrency exchange, has secured $300 million in a funding round completed on July 25. This marks the largest public digital asset investment in Asia this year. The funds were raised through shares sold at a 15% discount on the Hong Kong Stock Exchange, where OSL trades under ticker 863.HK. The capital will be directed toward global expansion and the development of payment systems bridging traditional and digital currencies.

The timing is strategic. Hong Kong’s new stablecoin regulations, set to take effect August 1, 2025, mandate licensing from the Hong Kong Monetary Authority for issuers. Violations carry penalties of up to $6,300 and six months imprisonment. Stablecoins, pegged to stable assets like fiat currencies, are a $232 billion cornerstone of crypto’s global economy, enabling fast cross-border transactions and seamless integration with traditional finance.

OSL holds a competitive edge as the first crypto exchange to receive a full license from Hong Kong regulators in December 2020. This early-mover advantage positions the firm to capitalize on the region’s evolving regulatory landscape and growing institutional demand for stablecoin infrastructure.