Asia’s OSL Group raises $300M for stablecoin and global expansion
OSL said its latest milestone reflects “strong recognition” of its digital asset business model.
Digital asset platform OSL Group has secured $300 million in equity financing, marking the largest publicly disclosed equity raise in Asia’s crypto sector to date.
On Friday, the company announced that it will deploy the funds in three growth areas: acquisitions, global business initiatives like payments and stablecoin infrastructure and boosting its working capital. The raise is part of OSL’s broader strategy to expand its international presence.
OSL described the raise as a “milestone” for the company that signals market recognition of its long-term trajectory and crypto business model.