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HK digital assets firm OSL raises $300m for global stablecoin push
Hong Kong-based digital assets firm OSL Group Ltd. has raised US$300 million through an equity offering.
The funding will support its global expansion efforts, particularly in developing stablecoin infrastructure and regulatory-compliant payment systems.
This funding comes as Hong Kong prepares to implement a new stablecoin law on August 1, 2025.
The law aims at enhancing its position as a hub for digital assets.
OSL is one of the earliest licensed cryptocurrency exchanges in the region.
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