Fri, January 30

OSL Group Accelerates Global Stablecoin and Payment Expansion with $200M Capital Raise

OSL Group Accelerates Global Stablecoin and Payment Expansion with $200M Capital Raise Market News
  • OSL Group secured $200 million to fuel global expansion in stablecoin trading and regulated payment services.
  • The funds will be used to expand global acquisitions to strengthen OSL Group’s market presence.

The Hong Kong–listed digital asset company, OSL Group, has secured $200 million in new equity financing to accelerate its global expansion in stablecoin trading and regulated payment services.

According to a press statement issued on January 29, OSL Group was the first exchange to obtain a license from the Hong Kong Monetary Authority. It provides regulated platforms for OTC trading, digital asset custody, and tokenized wealth management.

In 2025, “OSL Group has been fully committed to developing a compliant stablecoin trading and payment ecosystem,” noted in the statement. As it completed the acquisition of Banxa and launched OSL BizPay, a business-to-business payment platform aimed at corporate and institutional clients. Additionally, the OSL had introduced USDGO, a stablecoin backed by U.S. dollars.

Ivan Wong, CFO of OSL Group, said, “Beyond strengthening our capital base and diversifying our shareholder structure, these funds will enable us to seize timely opportunities to acquire licensed trading and payment entities worldwide, further solidifying our first-mover advantage as we advance our compliance-driven global strategy,” noted in the press release.

According to the proposed plan, the raised $200 million will help support strategic acquisitions, expand OSL Group’s global presence, improve product and technology infrastructure, and cover general working capital needs.

Rising Interest in Stablecoins Amid Rejections

Today, the OSL Group announced a $200 funds raise for Stablecoin expansion, alongside Abu Dhabi-based Universal Digital having introduced USDU, the first UAE Central Bank-approved U.S. dollar-pegged stablecoin, as the interest in stablecoin is growing. 
Meanwhile, last week, the American Bankers Association (ABA) expressed concerns over yield-paying stablecoins, where crypto leaders rejected these claims. To bring a solution, the White House is planning a meeting with major crypto company leaders and traditional banks to discuss the U.S. crypto market structure bill.

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