Hong Kong-based crypto exchange OSL Group reported a 58% year-on-year revenue increase for H1 2025, reaching HK$195 million ($25.1 million). Transaction volumes surged 200% to HK$68.2 billion, and assets under custody rose 50% to HK$5.694 billion. A key driver was the April 2025 launch of OSL Pay, generating HK$55.9 million in three months, accounting for 29% of total revenue. In July 2025, OSL raised $300 million for acquisitions and stablecoin infrastructure development. Its workforce grew from 167 to 568 employees, and regulatory clarity in Hong Kong has strengthened institutional confidence, positioning OSL as a leading digital finance player.