OSL Group helps 2WA complete the tokenization of the first market-neutral strategy fund based on USDGO stablecoin
- OSL has tokenized USDGO Plus SP on the blockchain and provides custody and distribution services for this fund.
- USDGO Plus SP is the first market-neutral fund established on top of USDGO. USDGO is a type of enterprise stablecoin that is regulated by the US federal government and backed by the US dollar.
Hong Kong, October 8th / PRNewswire / -- OSL Group (HKEX : 863) ("OSL") Today, it was announced that the company has been entrusted to facilitate the tokenization of PrimePlus SPC - USDGO Plus SP ("USDGO Plus SP" or "the Fund"). PrimePlus SPC - USDGO Plus SP is a digital asset fund launched by the digital asset technology company 2WA. USDGO Plus SP is the first market-neutral fund built on USDGO. USDGO is a US federal-regulated, dollar-backed enterprise stablecoin, available only to qualified professional investors in Hong Kong.
PrimePlus SPC is an isolated portfolio company based in the Cayman Islands, and USDGO Plus SP, as one of its isolated portfolios, is a digital asset investment product launched by the 2WA ecosystem in August 2026. In addition to tokenizing the fund on-chain, OSL will also act as a licensed platform to provide custody and distribution services for the tokenized shares of the fund; USDGO, which serves as the underlying asset of the fund, will also be custodied by OSL. Qualified professional investors can subscribe to and redeem this fund through OSL HK — an application for digital asset trading platforms licensed in Hong Kong provided by OSL.
USDGO Plus SP aims to obtain market-neutral returns by capturing the interest rate spreads in the crypto derivatives market, without relying on directional price movements. As of October 7th, the fund has achieved a return of 16.67% since its inception, with an annualized return of 17.05% over the past 30 days (before deducting relevant fees). The fund supports daily subscriptions, redemptions, and net value updates, and will also introduce an optional T+0 fast redemption feature later this month. As the custodian, OSL holds multiple security certifications in Hong Kong and has digital asset insurance coverage of over $1 billion.
USDGO, which serves as the underlying asset of this fund, is pegged to the US dollar at a 1:1 ratio. It is fully supported by high-quality liquid reserves such as cash and short-term US Treasury bonds, and is subject to strict third-party audits. USDGO is issued by Anchorage Digital Bank N.A., which is the first crypto bank in the United States to obtain federal licensing. OSL acts as the brand operator and distributor of USDGO.
BJW_KEEP_00002 stated that as investors increasingly prioritize asset security and regulatory safeguards, the collaboration between BJW_KEEP_00003 and 2WA reflects the market's genuine demand for secure, reliable, and institutional-grade digital asset infrastructure. As the first Hong Kong-listed digital asset company holding a license (BJW_KEEP_00004), BJW_KEEP_00001 boasts a broad network of regulatory licenses across major global markets. 2WA provides the structural design and technical layer, connecting regulated assets held by licensed custodians and brokers to on-chain scenarios, covering both public and private markets.
OSL Group, the Senior Vice President and Head of Hong Kong Operations, stated that: Terence Pu
We are delighted to launch the first tokenization strategy fund based on the USDGO stablecoin in collaboration with 2WA. This partnership once again demonstrates OSL's strength in providing one-stop asset tokenization solutions. More importantly, it reflects the market's strong demand for compliant and secure digital asset infrastructure, as well as innovative products such as stablecoin strategy funds. OSL will, as always, provide customers, partners, and investors with safe and efficient digital asset infrastructure, as well as a variety of wealth management and asset allocation options.
2WA founder and CEO Eugene Cheung stated:
“USDGO Plus SP demonstrates how we combine stablecoin strategy investments with institutional-level security and compliance. Leveraging the proven capabilities of OSL in terms of compliant custody, liquidity, and distribution, we can make this tokenized strategy accessible to a broader range of qualified professional investors. 2WA is committed to acting as a bridge between traditional finance and the blockchain world, providing institutions and professional market participants with higher-quality, more accessible real-world asset (RWA) solutions. We look forward to deepening our collaboration with OSL in the field of stablecoins and a broader range of tokenized assets, and together, with the advancement of the next generation of financial infrastructure, we aim to build a new online investment ecosystem.”
About OSL Group
OSL Group ( HKEX : 863) is a global stablecoin payment and trading platform dedicated to providing compliant and efficient digital financial infrastructure services on a global scale. It helps enterprises, financial institutions, and individuals to seamlessly exchange, pay, trade, and settle between fiat currencies and digital currencies. The company focuses on Open, Secure, and Licensed as its core values, striving to build a more efficient ecosystem that connects global markets and enables instant, seamless, and compliant value flows worldwide. For media inquiries, please contact: [ email protected ]
About 2WA
2WA is a company that develops technologies for real-world assets ( RWA ) and digital assets, focusing on expanding the uses of regulated assets. We utilize blockchain technology, including tokenization, to enhance the holding, usage, and transfer methods of regulated assets such as fund shares and listed stocks. Throughout this process, the underlying assets are always kept by licensed custodian institutions. Our goal is to create new use cases for these assets, thereby increasing their overall value for investors and institutions.
USDGO is at the core of our business. As an active participant in the USDGO ecosystem, 2WA uses USDGO as the main settlement and liquidity asset for its RWA products, and works with partners to expand its adoption, deepen liquidity, and support the long-term growth of its ecosystem.
About USDGO
USDGO is a US dollar-stabilized coin that is regulated by federal authorities and audited by third parties, specifically designed for the GENIUS era. It is backed 1:1 by high-quality liquid assets, including US Treasury bonds. Anchorage Digital Bank is the issuer, while OSL Group is responsible for brand operations and distribution. With enterprise-level services, USDGO aims to become a compliant liquidity and settlement tool that connects the Web3 industry with traditional finance and supports on-chain operations. It enables enterprises to allocate global capital through compliant payment channels, effective fund management, and diversified digital asset integration, and is committed to empowering the real economy in the long term. For more information, please visit the USDGO official website: www.usdgo.com.
Disclaimer
This article is for informational purposes only and does not constitute, nor should it be interpreted as, an offer, solicitation, invitation, recommendation, or inducement to purchase, sell, subscribe for, or otherwise trade any digital assets, securities, or financial products. This article does not provide financial, investment, legal, tax, accounting, or other professional advice, and should not be relied upon as such. The views, statements, and information contained herein do not necessarily reflect the official position or commitments of OSL Group or any of its affiliated companies. Any descriptions of products, services, promotions, or plans in this article are for general reference only. Participation in any products, services, or promotional activities mentioned in this article is subject to the applicable terms, conditions, and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual results may differ significantly from those stated. OSL Group, 2WA, PrimePlus SPC, or their respective affiliated companies have no obligation to update such information.
USDGO Plus SP has not yet obtained authorization from the Securities and Futures Commission under Section 104 of the Securities and Futures Ordinance (Chapter 571) of Hong Kong, and its offering documents have not been reviewed by any regulatory authorities in Hong Kong. The interests of USDGO Plus SP are only available for sale to professional investors in Hong Kong, and can only be done in accordance with the offering documents of that fund. Investing in digital asset funds involves significant risks, including the potential loss of the entire investment amount. A market-neutral strategy does not eliminate risks, and the fund's fees may also turn negative. Past performance does not represent future performance.
For the avoidance of any doubt, this material is intended solely for “professional investors” (as defined in the Securities and Futures Ordinance (Chapter 571) and its associated legislation), and is not intended to be distributed or used by any person in any jurisdiction where such distribution or use would violate applicable laws or regulations. This material does not constitute any form of proactive marketing to the public in Hong Kong. Any person who accesses this material is responsible for complying with all applicable laws and regulations of the relevant jurisdiction.
The products mentioned in this article may constitute “designated stablecoins” under the Stablecoin Regulations (Chapter 656). However, the issuers of these related products and OSL Digital Securities Limited (“OSLDS”) have not been licensed under the Stablecoin Regulations to carry out “regulated stablecoin activities” in Hong Kong. OSLDS is an “authorized offeror” under the Stablecoin Regulations, and OSLDS only provides such products and services to customers in Hong Kong who have been verified by them and accepted as professional investors.
SOURCE 2WA
