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OSL Group announces $200m fundraise to scale stablecoin trading
Yahoo Finance· 2026-01-30 11:13
Group 1 - OSL Group has raised $200 million (HK$1.56 billion) in equity financing to enhance its financial position and support strategic acquisitions [1] - The net proceeds will be allocated towards global growth in payments and stablecoins, as well as product and technology infrastructure [1] - The financing is part of OSL's strategy to develop a compliant stablecoin trading and payment ecosystem, including the acquisition of Banxa, a Web3 payments service provider [2][4] Group 2 - The launch of OSL BizPay, a B2B payment product targeting corporate and institutional customers, is a key development for the company [2] - OSL Group's CFO Ivan Wong stated that the financing round will attract strategic and long-term investors, validating the company's market position [3] - The funds will enable OSL to acquire licensed trading and payment entities globally, reinforcing its compliance-driven strategy [4] Group 3 - OSL recently unveiled USDGO, a US dollar-backed stablecoin, which is positioned as the cornerstone of its global payment infrastructure [5]
市场升温助推行业发展 XBIT引领稳定币交易新风潮
Sou Hu Cai Jing· 2025-08-04 14:05
Core Insights - The signing of the GENIUS Act in the U.S. marks a significant turning point for the global stablecoin market [1] - The total market capitalization of stablecoins has increased by 32% over the past six months, rising from $168.78 billion to $223.61 billion, indicating a notable enhancement in market vitality [1] - Stablecoins are increasingly being accepted by more institutions and individual users, expanding their application scenarios in cross-border and digital asset transactions [1] - The XBIT decentralized exchange platform has swiftly adjusted its strategy to provide users with more convenient and secure stablecoin trading services [1]