Catenaa, Monday, August 04, 2025- Hong Kong-listed companies raised over $1.5 billion in July to finance crypto-related ventures amid growing investor enthusiasm and the city’s forthcoming stablecoin licensing regime.
At least 10 publicly traded firms disclosed equity placements last month to support blockchain projects, digital currencies, and payment networks, according to Reuters data.
Leading the surge, OSL Group raised $300 million to expand global operations and invest in stablecoin infrastructure and blockchain payments. The fundraising was completed swiftly, with participation from sovereign wealth and hedge funds.
Other major players include Dmall Inc, which raised HK$388 million with legal guidance from Baker McKenzie, SenseTime Group, securing HK$2.5 billion to develop blockchain and stablecoin applications, and JF SmartInvest Holdings, which raised HK$785 million for tokenized real-world assets.
This surge follows Hong Kong’s stablecoin regulations, effective August 1, aiming to position the city as a global fintech hub with clear digital asset policies. Investor appetite is high, with stocks linked to stablecoins up 65% year-to-date, outperforming broader indices.
Despite the optimism, Hong Kong’s central bank cautioned against excessive exuberance in the market. The crypto enthusiasm extends beyond public markets into venture capital, with startups like Kun raising over $50 million.
Traditional finance firms are increasingly interested in stablecoins and tokenized assets, supporting the city’s strategy under the new LEAP framework focused on legal clarity, ecosystem growth, real-world adoption, and talent development.
