On July 26, 2025, the Hong Kong–based digital asset platform OSL Group announced a landmark equity raise of $300 million, marking the largest publicly disclosed crypto fundraising round in Asia to date. The capital will be deployed to build a global, regulated stablecoin infrastructure, secure licenses across key jurisdictions, and strengthen the company’s enterprise-grade digital payments network.
This announcement arrives just days before Hong Kong’s new stablecoin regulatory framework goes into effect on August 1—positioning both OSL and the city itself at the forefront of global digital asset regulation.
A Milestone Moment for Asia’s Crypto Industry
The scale and timing of OSL’s equity raise are particularly notable for several reasons:
- Largest Disclosed Crypto Raise in Asia: The $300 million funding round reflects strong institutional interest and reinforces the region’s growing relevance in the digital asset space.
- Strategic Capital Deployment: OSL plans to accelerate product development, global licensing efforts, and stablecoin infrastructure to support compliant, cross-border digital finance.
- Market Confidence Despite Discounted Offering: Shares were issued at HK$14.90—representing a 15.3% discount. While this prompted a short-term dip in share price, OSL remains up over 120% year-to-date, highlighting sustained investor confidence.
Hong Kong’s Stablecoin Framework: A Catalyst for Institutional Adoption
OSL’s raise aligns with the rollout of Hong Kong’s stablecoin licensing regime, which forms part of the broader LEAP framework. Designed to attract institutional participation, the new regime emphasizes:
- Regulatory clarity for fiat-backed stablecoins
- Support for real-world asset (RWA) tokenization
- Talent development and international collaboration
By providing a clear and forward-looking regulatory foundation, Hong Kong is setting the stage for responsible innovation and institutional capital inflows.
Implications for the Global Crypto Landscape
1. Asia’s Leadership in Digital Asset Regulation
While many jurisdictions continue to debate digital asset policy, Hong Kong is delivering execution. The introduction of stablecoin legislation and regulatory licensing provides the predictability institutions require. This positions the region as a viable hub for asset issuance, custody, and payments.
2. Stablecoins as Financial Infrastructure
OSL’s strategic focus on regulated stablecoin development signals the industry’s transition from speculative assets to functional financial infrastructure. Stablecoins, when issued and managed within a licensed framework, can enable real-time settlement, programmable payments, and interoperable value transfer across borders.
3. Real-World Asset (RWA) Tokenization Gains Traction
The capital raise also underscores a trend toward RWA tokenization, where traditional financial instruments such as bonds and equities are issued and traded on blockchain. This is central to unlocking efficiency, transparency, and 24/7 access in capital markets.
4. Institutional Appetite for Compliance-First Platforms
OSL’s ability to attract large-scale capital affirms a growing institutional preference for platforms that are compliance-first, technologically robust, and globally scalable. As the digital asset sector matures, the demand for regulated infrastructure is likely to accelerate.
What It Means for Infrastructure Providers
For blockchain infrastructure companies like Cregis—headquartered in Hong Kong—this development reinforces both our strategic direction and long-term commitment to building secure, scalable, and compliant Web3 systems. As regional regulatory clarity improves and institutional interest in tokenized assets deepens, the need for robust, adaptable infrastructure becomes even more urgent.
Operating behind the scenes, Cregis enables platforms across payments, custody, and asset tokenization to meet rising expectations for compliance, performance, and usability. Our self-custodial infrastructure is designed to support evolving use cases—from real-time stablecoin settlement to cross-chain interoperability and programmable access control—without compromising security or control.
Milestones like this reflect the growing institutional demand for infrastructure providers who can bridge the gap between traditional finance and decentralized technology. As a Hong Kong-based provider, we’re uniquely positioned at the crossroads of regulation and innovation in Asia’s rapidly growing digital finance ecosystem.
Looking Ahead: Building for Long-Term Trust
The OSL raise is not just a funding milestone. It reflects a structural shift in how capital, regulation, and infrastructure are converging in the digital economy. For companies like Cregis, it serves as a reminder of the continued need to build flexible, compliant, and enterprise-focused infrastructure to support this next phase of growth.
We view these developments not as a spotlight moment for any single player, but as a collective signal of progress. As Asia leads the way with regulatory clarity and institutional alignment, infrastructure providers have a responsibility—and opportunity—to enable secure, future-proof adoption at scale.
About Cregis
Founded in 2017, Cregis is a global leader in enterprise-grade digital asset infrastructure, providing secure, scalable and efficient management solutions for institutional clients.
Built to solve the challenges of fragmented blockchain systems and asset security risks, Cregis delivers MPC-based self-custody wallets, WaaS solutions, and Payment Engine, featuring collaborative asset control and a compliance-ready ecosystem.
To date, Cregis has served over 3,500 institutional clients globally. Our solutions empower exchanges, fintech platforms, and Web3 enterprises to adopt blockchain technology with confidence. Backed by years of proven expertise in blockchain and security, Cregis helps businesses accelerate their Web3 transformation and unlock global digital asset opportunities.

