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OSL Tokenizes 2WA USDGO Plus SP Fund on Solana for Hong Kong Investors
OSL Group has announced the tokenization of the 2WA USDGO Plus SP fund on the Solana blockchain, specifically targeting professional investors in Hong Kong. This market-neutral fund, which aims to generate yield without speculating on cryptocurrency prices, utilizes the USDGO stablecoin, backed by the US dollar. The announcement was made on October 8, 2026, following the fund's launch in August 2026.
The fund, formally named PrimePlus SPC’s USDGO Plus SP, allows eligible investors to access it through the OSL HK app, which provides real-time updates on the net asset value (NAV) of their holdings. Subscriptions and redemptions are facilitated on a daily basis, with plans for a T+0 express redemption feature expected to be implemented by late October 2026. OSL is responsible for the custody of the fund's assets, which includes the underlying USDGO, and boasts over $1 billion in digital asset insurance coverage.
The fund employs a funding-rate arbitrage strategy across crypto derivatives markets, avoiding directional positions. As of October 7, 2026, it reported a 16.67% return since its inception, with a 30-day annualized return of 17.05% before fees. While these figures are promising, they reflect a short timeframe and are subject to market fluctuations.
The tokenization of this fund represents a significant step in merging traditional finance with digital asset technology. By maintaining a regulated structure while integrating blockchain capabilities, OSL aims to provide a familiar and secure investment environment for cautious investors. The anticipated T+0 redemption feature could enhance liquidity, setting a new standard for tokenized funds in the market.
Source: KLEA News