OSL Group (863.HK) announced a $200 million equity Capital round to raise Capital and expand its global strategy in stablecoin trading and payments.
The funding aims to strengthen its Capital base, seize international growth opportunities, and advance its stablecoin business strategy, as OSL seeks to expand globally based on compliance.
- OSL Group is raising $200 million (approximately HKD 1.56 billion) in equity Capital .
- Use the Capital for strategic M&A, and expand global payments and stablecoins.
- CFO: Increase long-term investor base, scale up Capital for a compliant globalization strategy.
Details of the transaction and intended use of Capital.
OSL Group announced a $200 million (approximately HK$1.56 billion) equity funding round aimed at strengthening its Capital base and driving global growth in stablecoin trading and payments.
According to the plan, the Capital will be allocated to the following areas: strategic acquisitions, expansion of global payments and stablecoin business, product and technology infrastructure development, and day-to-day operations.
OSL emphasizes its strategy of increasing competitiveness through international expansion and upgrading its technology platform, in line with its goal of strengthening its position in the stablecoin-related trading and payment sector.
CFO's statement and globalization strategy
CFO Ivan Wong said OSL's strategic positioning in stablecoin trading and payments has received market recognition, and the Capital round will help attract more strategic, long-term investors.
OSL Group's strategic layout in the stablecoin trading and payment sector has received full market recognition and widespread support. This financing will allow the company to introduce more like-minded strategic and Longing-term investors, enabling us to not only promptly acquire high-quality licensed trading and payment companies globally, but also expand our shareholder base and capital size, laying a solid first-mover advantage for the company to advance its compliance-based globalization strategy.
The key element of the plan is the ability to acquire licensed transaction and payment businesses globally, while expanding the shareholder base and Capital size to gain a first-mover advantage in implementing a compliance-based globalization strategy.
