Digital assets firm OSL, which offers institutional-grade trading, custody, and SaaS infrastructure, has raised $300m in fresh capital to fuel its global expansion, marking one of the largest funding rounds in the crypto sector this year, according to a report by Bloomberg.
The Hong Kong-based firm is aiming to accelerate its international growth and capitalise on renewed investor interest in regulated digital asset platforms.
The investment, announced on Thursday, comes as traditional hedge funds and asset managers increasingly explore digital asset strategies, pushing demand for secure and compliant infrastructure providers like OSL. The firm did not disclose investors but described the round as heavily oversubscribed.
OSL, which is regulated by the Hong Kong Securities and Futures Commission, has built a reputation for servicing institutional clients including hedge funds, banks, and asset managers. With this new capital, it plans to expand operations in key markets including the Middle East, Latin America, and Europe, while continuing to invest in its proprietary trading and custody tech stack.