Hong Kong-based digital asset platform OSL Group completes $300 million equity financing

Reuters

07/25

<a href="https://laohu8.com/S/HKRHF">Hong Kong</a>-based digital asset platform OSL Group completes $300 million equity financing

HONG KONG/SHANGHAI, July 25 (Reuters) - Hong Kong-based digital asset platform OSL Group 0863.HK said on Friday it had completed $300 million of equity financing.

Proceeds will be used to support global initiatives including stablecoin development, licensing efforts and the buid-out of a global digital payment network, OSL said in a statement.

(Reporting by Shanghai Newsroom; Editing by Christian Schmollinger)

((samuel.shen@thomsonreuters.com; +86 21 20830018; Reuters Messaging: samuel.shen.thomsonreuters.com@reuters.net))

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