TechFlow News, January 29: According to a PRNewswire report, OSL Group (863.HK), a stablecoin trading and payments platform, announced the completion of a $200 million (approximately HK$1.56 billion) equity financing round. This funding round aims to strengthen the company’s financial position, seize global growth opportunities, and accelerate its strategic expansion in stablecoin trading and payments.
Proceeds from the financing, net of expenses, are planned to be used for strategic acquisitions, expanding global payments and stablecoin operations, developing product and technology infrastructure, and general working capital. Ivan Wong, Chief Financial Officer of OSL Group, stated that this financing round will enable the company to attract more like-minded strategic and long-term investors, while also creating timely opportunities to acquire globally licensed trading and payments entities—further solidifying its first-mover advantage in its compliance-driven global strategy.
In 2025, OSL Group achieved significant progress in developing a compliant stablecoin trading and payments ecosystem, including the acquisition of Banxa, a leading global Web3 payments service provider; the launch of OSL BizPay, a B2B payments solution for enterprise clients; and the issuance of USDGO, a compliant U.S. dollar-pegged stablecoin.
