OSL Group Tokenizes First USDGO Stablecoin Market-Neutral Strategy Fund with 2WA
OSL Group (HKEX:863) has tokenized the first market-neutral fund built on USDGO, a U.S. federally regulated and dollar-backed stablecoin called USDGO Plus SP. The digital asset fund is launched by 2WA and targets eligible professional investors in Hong Kong. OSL provides custody, distribution services, and on-chain tokenization for the Fund's units. USDGO Plus SP aims to generate returns through funding-rate spreads in crypto derivatives without relying on directional price movements. As of October 7, it had returned 16.67% since inception with a trailing annualized return of 17.05%. The fund allows daily subscriptions and redemptions and will soon introduce T+0 express redemption. USDGO is issued by Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., and fully backed by high-quality liquid reserves such as cash and short-term US Treasuries. OSL, a Hong Kong-listed digital asset company with global regulatory licenses, emphasizes its role in providing secure infrastructure for institutional-grade tokenized assets.
Topics: custody services digital assets market-neutral fund tokenization