OSL Group, one of Asia’s most prominent digital asset service providers, has successfully raised $300 million in a funding round led by global investors. The capital infusion will be allocated toward launching a new fully regulated stablecoin platform compliant with Hong Kong’s forthcoming licensing regime, while also financing planned expansion to Southeast Asia and Europe.
OSL plans to issue its stablecoin, tentatively dubbed OSL USD, backed 1:1 by cash and U.S. Treasury reserves, offering seamless on chain transfer between fiat and digital assets. The platform will also include institutional grade custody and AML compliance solutions. According to the company, over 50 financial institutions have signed letters of interest to participate.
The investment reflects growing confidence in Asia’s crypto infrastructure and aligns with the region’s push to establish regulated stablecoin ecosystems. OSL’s transaction pipelines extend across 18 jurisdictions, opening pathways for interoperability among crypto service providers and traditional banks.
With Hong Kong’s stablecoin licensing law set to come into force August 1, 2025, OSL aims to position itself at the forefront of compliant stablecoin issuance. The funding round underscores investor appetite for institutional grade infrastructure and hints at a maturing phase in Asia’s digital finance landscape.
