Crypto: Osl Group Raises $200m To Expand Stablecoin And Payments Business

Hong Kong-listed OSL Group plans acquisitions and global expansion after securing fresh capital to scale its stablecoin and digital payments business.

OSL Group has raised $200 million in equity financing as it steps up plans to expand its stablecoin trading and payment businesses globally.

The Hong Kong–listed digital asset company said the capital injection will strengthen its balance sheet and support growth across regulated digital payment and settlement services, according to a Thursday announcement.

“The market has strongly validated OSL Group’s strategic positioning within the stablecoin and payment space,” chief financial officer Ivan Wong said. “This financing round will allow us to welcome more like-minded strategic and long-term investors,” he added.

Proceeds from the raise will be used for acquisitions, international expansion in payments and stablecoins and further investment in product development and technology infrastructure. A portion of the funds will also be allocated to general working capital as OSL looks to scale operations in multiple jurisdictions.

Related: Sony doubles down on Soneium after first year of mainnet activity

In July 2025, OSL raised $300 million in equity financing, which was the largest publicly disclosed equity raise in Asia’s crypto sector at the time.

OSL operates licensed platforms offering OTC trading, digital asset custody and tokenized wealth management, and is regulated by Hong Kong’s Securities and Futures Commission.

In 2025, the group also moved to position itself as a compliant, institution-focused player in digital payments, completing the acquisition of Banxa and rolling out OSL BizPay, a business-to-business payment platform aimed at corporate and institutional clients. The company has also launched USDGO, a US dollar-backed stablecoin.

Related: Banks fear stablecoin ‘bank run,’ regulators see limited impact

Source: CoinTelegraph