PANews reported on December 5 that Hong Kong digital asset company OSL Group (863.HK) announced a strategic plan to invest up to US$30 million in cooperation with industry partners to accelerate the construction and development of the PayFi ecosystem worldwide. This investment will focus on payment products and services related to cryptocurrencies and stablecoins, with a focus on supporting the innovation and improvement of credit cards, lending platforms, payments and digital wallet services.
OSL announces $30 million investment to boost global development of PayFi ecosystem
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