TLDR
- OSL, the first licensed crypto exchange in Hong Kong, aims to raise $300 million through a placing and subscription deal.
- The company will use 50% of the funds to support strategic acquisitions outside its financial group.
- Around 30% of the capital will go toward global expansion and the development of stablecoin payment infrastructure.
- The remaining 20% of the funds will be used to meet other corporate needs and strengthen operations.
- The expansion strategy aligns with Hong Kong’s new stablecoin regulations taking effect on August 1.
OSL Group plans to raise $300 million through a placing and subscription deal to boost its global presence. The Hong Kong-based exchange will channel the funding into acquisitions, operational support, and stablecoin-related developments. Backed by regional and global investors, OSL’s expansion strategy highlights its response to growing digital asset demand.
OSL Targets Global Expansion Through Strategic Funding
The company has finalized a placing and subscription agreement expected to generate HK$2,355.03 million or around $300 million. OSL intends to allocate 50% of the proceeds to acquire businesses beyond its current group. These acquisitions will support its push into untapped international markets and solidify its global footprint.
Moreover, 30% of the capital will go into global expansion and new strategic initiatives, particularly in digital finance infrastructure. This includes strengthening operations in regions with favorable regulatory frameworks and increasing its institutional client base. The remaining 20% will fund broader corporate activities, ensuring continuous operational stability and financial efficiency.
The fundraising comes amid increasing participation by institutional investors and sovereign wealth funds in digital asset ventures. This strong investor interest reflects confidence in OSL’s long-term growth strategy and its Hong Kong regulatory foundation. The capital injection will also allow OSL to scale operations quickly and adapt to regulatory developments.
Stablecoin Business Strategy Aligned With New Regulations
A significant portion of the raised capital will focus on developing stablecoin infrastructure and compliant payment systems. This move aligns with the upcoming Hong Kong stablecoin regulatory framework, which is scheduled to take effect on August 1. OSL plans to strengthen its stablecoin strategy ahead of new compliance rules to stay ahead in the evolving market.
While the company has not confirmed registration as a stablecoin issuer, it has hinted at participation in this regulated space. OSL’s management emphasized that the new framework enhances certainty for launching payment services and expanding into stablecoins. The firm’s plans could align with Hong Kong’s goal of becoming a regulated crypto hub.
The region’s recent moves toward stablecoin regulation have attracted major players in fintech and blockchain sectors. Local firms like JD.com and Animoca Group have already partnered with global financial institutions. OSL’s efforts suggest it is positioning itself among key participants in Hong Kong’s digital finance landscape.
