OSL Group completes $200 million equity financing to accelerate global stablecoin and payments business expansion

DeepFlowTech · 2026-01-29T09:12:21+00:00

OSL Group completes $200 million financing, plans to use it for strategic acquisitions and expanding stablecoin payment services. This financing will strengthen its financial position and promote the development of a compliant stablecoin ecosystem.

DeepFlowTech

2026-01-29 09:12:21

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Deep Tide TechFlow News, January 29 — According to PRNewswire, stablecoin trading and payment platform OSL Group (863.HK) announced the completion of a $200 million (approximately HKD 1.56 billion) equity financing. This round of funding aims to strengthen the company’s financial position, seize global growth opportunities, and accelerate its strategic expansion in the stablecoin trading and payment sectors.\n\nAccording to the plan, the net proceeds from the financing will be used for strategic acquisitions, expanding global payment and stablecoin businesses, product and technology infrastructure development, and general operational capital. Ivan Wong, CFO of OSL Group, stated that this round of financing will bring the company more like-minded strategic and long-term investors, while also seizing the opportunity to acquire globally licensed trading and payment entities, further consolidating its first-mover advantage in compliance-driven global strategies.\n\nBy 2025, OSL Group will have made significant progress in developing a compliant stablecoin trading and payment ecosystem, including the acquisition of Web3 payment service provider Banxa, the launch of B2B payment solution OSL BizPay for enterprise clients, and the issuance of compliant USD stablecoin USDGO.

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