Openmarkets Group Explores $50M Capital Raise To Accelerate DeFi Expansion
Openmarkets Group (OMG), one of Australia’s leading trading and wealth management technology providers, has announced plans to explore a US$50 million capital raise. The initiative aims to fund its ambitious decentralised finance (DeFi) expansion and strengthen its presence across Singapore, Hong Kong, the United States, and other key markets in Southeast Asia.
The company intends to target forward-looking family offices and private wealth investors across Asia and the U.S., positioning itself as a bridge between traditional finance (TradFi) and DeFi ecosystems. The funds will be used to advance OMG’s DeFi roadmap, broaden its product offerings, and drive global expansion.
Takeaway
DeFi Ambitions And Product Strategy
According to CEO Dan Jowett, the capital will support the rollout of key digital initiatives — including , tokenisation of real-world assets (RWA), and the creation of a digital assets treasury. Medium-term plans also include launching a proprietary stablecoin and establishing a centralised platform for digital assets.
These moves represent OMG’s intent to capitalize on the rapidly expanding RWA tokenisation market, projected to surpass $16 trillion by 2030. The group’s strategy focuses on three core pillars: building a diversified crypto treasury, developing DeFi technology and RWA infrastructure, and pursuing selective acquisitions to strengthen its TradFi footprint globally.
Takeaway
Positioning For Global Growth
The funding will enable OMG to deepen its market penetration in Asia, where regulatory frameworks are . The firm is actively pursuing strategic partnerships with DeFi organizations, recruiting top blockchain talent, and to expand its ecosystem.
Jowett emphasized that OMG’s proven experience in B2B wealth management infrastructure gives it a competitive edge as financial markets transition toward decentralised answers. “By leveraging our track record in technology and infrastructure, we’re positioned to lead the industry through the next wave of financial transformation,” he said.
Takeaway
Backed By Boman Group’s Regional Reach
The capital raise will be supported by Hong Kong-based Boman Group, which owns 100% of OMG and holds regulatory licenses across Hong Kong, Singapore, China, and Australia. Eric Gao, Founder and CEO of Boman Group, described the initiative as “the next chapter” in OMG’s evolution, citing the company’s dual capabilities in traditional and decentralised finance as a unique competitive advantage.
Gao added that Southeast Asia’s open regulatory landscape and investor sophistication create an ideal environment for OMG’s DeFi-focused strategy. This regional positioning may enable OMG to attract institutional investors viewking exposure to tokenised finance and digital asset ecosystems.
Takeaway
What’s Next?
OMG’s long-term vision includes obtaining regulatory approvals for its DeFi operations and exploring potential international listing options. As the group continues to merge traditional and decentralised financial infrastructure, it aims to build a comprehensive tokenisation, stablecoin issuance, and digital platform operations.
If successful, OMG could emerge as one of the few Asia-Pacific fintechs capable of integrating regulated TradFi systems with blockchain-based DeFi protocols — positioning itself at the forefront of the global financial transformation.
Takeaway
