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Australian Fintech OMG Eyes Capital Raise To Boost DeFI Footprint
Editorial Staff
28 October 2025
Australia-headquartered Openmarkets Group (OMG), a fintech that concentrates in trading and wealth management technology and infrastructure, is mulling a $50 million capital raise. OMG, which is headquartered in Sydney, also has offices in Brisbane and Melbourne.
The firm said it wants to speed up its decentralised finance (DeFi) strategy and expand its footprint across Singapore, the US, Hong Kong and Southeast Asia markets.
Boman Group, a venture capital firm licensed in Hong Kong, Singapore, China and Australia which entirely owns OMG, will support capital raising efforts.
OMG’s immediate plans for the additional capital include introducing crypto trading, tokenizing real-world assets, and establishing a digital assets treasury. In the medium term it will also launch an OMG stablecoin, intending to establish a centralised exchange for digital assets.
“The ongoing and rapid emergence of cryptocurrency and decentralised finance presents a highly compelling opportunity for investors to diversify and future-proof their portfolios,” OMG chief executive Dan Jowett said.