Digital Assets Firm OSL Raises $300 Million to Expand Crypto Business Worldwide

Digital assets company OSL Group Ltd. has secured $300 million in an equity offeringBloomberg Terminal as it pursues international expansion in the backdrop of improved prospects for the crypto industry.

“The funding will accelerate our global buildout — particularly in regulated stablecoin infrastructure and compliant payment rails,” Ivan Wong, chief financial officer of Hong Kong-listed OSL Group, said in a statement.