OSL Raises Record $300M in Asia's Largest Digital Asset Equity Deal

OSL Group has completed a $300 million equity financing round that the company claims represents the largest publicly disclosed fundraise by a digital asset firm in Asia to date.

The Hong Kong Stock Exchange-listed crypto platform announced the milestone Thursday, positioning the capital raise as validation of its regulated approach to digital assets ahead of the city's new stablecoin framework launching August 1.

OSL shares have already gained 120% year-to-date, reflecting growing investor appetite for regulated crypto exposure in the Asian financial hub. The fundraising could further accelerate momentum in Hong Kong's digital asset sector as new regulations create clearer operating parameters.

"This milestone reflects strong market recognition of our digital asset business model and long-term growth trajectory," OSL stated in announcing the raise.

The company outlined three strategic uses for the fresh capital: funding potential acquisitions, developing new global business lines including payment and stablecoin services, and strengthening working capital for expansion.

OSL's emphasis on payments and stablecoins aligns with Hong Kong's regulatory timeline. The territory's new stablecoin licensing regime takes effect next week, potentially creating opportunities for compliant operators to capture market share in the growing digital payments sector.

The company has positioned itself as a bridge between traditional finance and crypto markets, operating as one of the few licensed digital asset platforms in Hong Kong. This regulated status could prove valuable as institutional adoption accelerates and compliance requirements become more stringent globally.