PANews, January 29th - OSL Group (863.HK), a leading stablecoin trading and payment platform in Asia, announced today a US$200 million (approximately HK$1.56 billion) equity financing round to further strengthen its capital base, capture global growth opportunities, and deepen its strategic layout in stablecoin trading and payment. According to the plan, the funds raised will be used for strategic acquisitions, expanding its global payment and stablecoin business, product and technology infrastructure development, and daily operations.

OSL Group CFO Ivan Wong stated, "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 long-term investors, enabling us to not only timely 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."