Overview

• OSL completed a HK$2.36 billion (US$300 million) equity placement on July 25, marking Asia’s largest publicly disclosed digital-asset raise.
• The offering combined sales of existing shares, top-up subscriptions and new issuances priced at HK$14.90 each, representing a 15.3 percent discount to the prior close.
• Shares opened down more than 10 percent on July 25 as investors absorbed dilution despite a 120 percent gain year-to-date.
• Funds are earmarked to accelerate development of compliant stablecoin infrastructure, build-out of digital payment networks and support global platform expansion.
• The capital boost positions OSL to pursue further acquisitions and secure licensing in Australia, Europe and Southeast Asia under the incoming stablecoin rules.