OSL Group announced a proposed $200 million capital raising through a stock placement and repurchase agreement to accelerate its global expansion in stablecoin trading and payments. The company stated that the proceeds would fund strategic acquisitions, expand its payments and stablecoin operations, and upgrade its product and technology infrastructure.
The funding round was presented as a capital injection designed to strengthen OSL’s balance sheet and support its international expansion. According to the company, a portion of the funds will be allocated to general working capital, while the remainder will be used to acquire licensed trading and payments businesses, expand the reach of its payment solutions, and advance the development of stablecoin infrastructure.
For his part, Ivan Wong, OSL’s Chief Financial Officer, stated that the round validates the company’s strategic positioning. He also emphasized the goal of attracting investors aligned with a long-term vision, capable of helping OSL consolidate licensed counterparties and scale in a market increasingly defined by regulatory compliance.
In this sense, the announcement was presented as a complementary step to previous funding rounds and product launches, rather than an isolated move.
OSL’s expansion plan
OSL plans to expand its operational capacity with a comprehensive $200 million plan, in addition to a $300 million fundraising round held in July 2025. That month, it acquired Banxa to bolster its payments capabilities, launched OSL BizPay for B2B payments, and introduced USDGO, a stablecoin backed by the US dollar and issued through a regulated institution. These initiatives were cited as fundamental to the company’s payments and stablecoin infrastructure.
As for the markets, they reacted to the announcement with a drop in the share price of approximately 5.56%, a move that market commentators attributed to concerns about dilution. Analysts interpreted OSL’s planned expansion as a long-term growth move, while pointing to execution and regulatory alignment, particularly in Hong Kong and the United States, as the main operational risks.
OSL’s plan comes amid growing institutional interest in fiat-backed stablecoins and increased regulatory scrutiny. The firm framed the capital raise as a way to transform recent product launches into scalable, regulated global operations; skeptical observers focused on integration risks and the competitive landscape for regulated stablecoins and payment infrastructures.
Investors are now turning their attention to how OSL deploys the revenue and whether the upcoming acquisitions and product launches can translate into measurable revenue growth and regulatory approvals.
