#Hong Kong #Digital Assets #OSL Group #equity funding

OSL Group Secures $300 Million for Expansion

OSL Group, a leading regulated platform for digital assets in Asia, has recently announced the successful completion of a $300 million equity funding round. This substantial funding marks the largest publicly announced capital increase within the Asian digital asset segment and demonstrates strong market confidence in OSL's business model and growth trajectory.

Breakdown of Capital Utilization

The newly secured capital will be strategically allocated across three critical areas to underpin OSL’s long-term vision:

1. Supporting Strategic Acquisitions: OSL will continue its aggressive global expansion through potential acquisitions, partnerships, and transactions. This strategic move seeks to enhance its regulatory footprint across major jurisdictions.

2. Developing New Global Business Initiatives: The funding will facilitate the development of innovative business initiatives, particularly in the realm of payment systems and stablecoins. OSL aims to enhance its global business and payment networks, integrating fiat currencies and key digital assets to offer seamless and efficient solutions for institutional and corporate clients in cross-border transactions.

3. Strengthening Working Capital: By increasing its working capital, OSL will gain a competitive edge regarding reach, coverage, and operational volume. This financial strength will help OSL maintain its leadership position within the rapidly evolving digital asset industry.

Market Recognition and Strategic Goals

Since embarking on its expansion strategy in late 2023, OSL has successfully executed transformative acquisitions and expanded its market presence. This year, OSL's market capitalization surpassed 10 billion Hong Kong dollars, reflecting significant investor confidence in its regulated platform and scalable international strategy.

Ivan Wong, Chief Financial Officer of OSL Group, stated, "This $300 million capital increase represents a pivotal milestone in our development. It reaffirms the digital assets strategy implemented by OSL. The funding will accelerate our global expansion, particularly in regulated payment infrastructure and access points. As a pioneer in regulated digital assets, OSL aims to shape the next chapter of the global financial landscape with trust, innovation, and institutional infrastructure."

Commitment to Regulated Development

As Hong Kong's first publicly listed and licensed trading platform for digital assets, OSL is dedicated to the regulated evolution of the industry. This funding round not only solidifies OSL’s leading role as a key provider of Web3 infrastructures in the Asia-Pacific region but also sets the stage for its continuous growth and innovation.

OSL’s Vision

The OSL Group (HKEX: 863.HK) aims to connect traditional financial services with the burgeoning world of digital assets through blockchain technology. Its mission is to deliver efficient, seamless, and compliant financial services to individuals and businesses globally. OSL provides a comprehensive array of regulated services, including around-the-clock OTC brokerage, competitive pricing, and SOC 2 Type 2-certified custodial services.

FSigorously committed to the principles of being "open, secure, and licensed," OSL is expanding its compliant infrastructure across Japan, Australia, Europe, and potentially Southeast Asia, aimed at supporting the next generation of global financial infrastructures. As they move forward, OSL continues to pave the way for innovative solutions in the digital asset realm, ensuring rich opportunities for growth and engagement within the financial sector.