Hong Kong-Based OSL Group Secures $300M Equity Raise Amid Surging Crypto Investor Demand
Main Idea
OSL Group, a Hong Kong-based digital asset platform, raised $300 million in equity financing, marking Asia's largest disclosed crypto equity deal to date, with proceeds aimed at funding stablecoin infrastructure and compliant payment rails.
Key Points
1. OSL Group raised $300 million in an equity financing round, the largest publicly disclosed crypto equity deal in Asia.
2. The share sale was priced at a 15.3% discount, causing a 10% drop in share price at Friday’s open.
3. Proceeds from the deal will fund stablecoin infrastructure and compliant payment rails.
4. OSL Group has been aggressively expanding into digital assets, including acquisitions in Japan and Europe.
5. The company is also investing in real-world asset (RWA) tokenization and introduced Toncoin (TON) into its OTC trading services.
Description
OSL Group, one of Asia’s leading digital asset platforms, has raised $300 million through an equity financing round, marking the largest publicly disclosed capital raise in the region’s crypto space to date. Key Takeaways: OSL Group raised $300 million in Asia’s largest disclosed crypto equity deal to date. Funds will support stablecoin infrastructure, global licensing, and payment network expansion. The share sale was priced at a 15.3% discount, triggering a 10% drop at Friday’s open. The annou...
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