Crypto
Hong Kong\'s OSL Group raises $200 million to expand stablecoin, payment business
Hong Kong-based OSL Group raised $200 million to expand its stablecoin and digital payments business, Cointelegraph reported on Thursday. The company plans to use the funds for acquisitions, global expansion and technology development. OSL, a digital asset exchange approved by Hong Kong financial authorities, has launched the institution-focused payment platform OSL BizPay and introduced the dollar-based stablecoin USDGO. OSL also provides OTC trading, custody and tokenised asset management services.
