Key Takeaways
- • OSL Group has tokenized the PrimePlus SPC – USDGO Plus SP fund on-chain and is providing custody and distribution through its licensed Hong Kong platform, engaged by digital asset technology company 2WA.
- • The product is a market-neutral digital asset strategy built around USDGO, which the companies describe as the first market-neutral fund structured around the stablecoin.
- • Eligible professional investors in Hong Kong can subscribe to and redeem from the strategy through OSL's Hong Kong application, with fund units represented on-chain.
- • OSL also custodies the underlying USDGO held by the fund, combining tokenization with the legal fund, custody and eligibility infrastructure that regulated investors require.
Summary
OSL Group announced on a Thursday that it has been engaged by digital asset technology company 2WA to bring PrimePlus SPC – USDGO Plus SP on-chain and to provide the custody and distribution infrastructure around the fund. The product is a market-neutral digital asset strategy built around USDGO. According to the companies, it is the first market-neutral fund structured around the stablecoin.
OSL plays two roles. It is responsible for tokenizing the fund units, and it acts as the licensed platform through which eligible professional investors in Hong Kong can access the product. The underlying USDGO held by the fund is also custodied with OSL. Eligible investors can subscribe to and redeem from the strategy through OSL's Hong Kong application, while the fund units themselves are represented on-chain.
The article emphasizes that tokenization alone does not make a fund easier for regulated investors to use. The legal fund structure, custody, investor eligibility, subscriptions and redemptions must still be arranged around the token, and OSL is positioned as the bridge providing that infrastructure. The announcement reflects a broader movement of tokenization from simple Treasury products into more complex investment strategies. The available material does not disclose fund size, fee terms, or performance figures.
OSL plays two roles. It is responsible for tokenizing the fund units, and it acts as the licensed platform through which eligible professional investors in Hong Kong can access the product. The underlying USDGO held by the fund is also custodied with OSL. Eligible investors can subscribe to and redeem from the strategy through OSL's Hong Kong application, while the fund units themselves are represented on-chain.
The article emphasizes that tokenization alone does not make a fund easier for regulated investors to use. The legal fund structure, custody, investor eligibility, subscriptions and redemptions must still be arranged around the token, and OSL is positioned as the bridge providing that infrastructure. The announcement reflects a broader movement of tokenization from simple Treasury products into more complex investment strategies. The available material does not disclose fund size, fee terms, or performance figures.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.