RD Technologies, a Hong Kong-based FinTech group specialising in digital finance infrastructure, has raised $40m in a Series A2 funding round.
The round was co-led by both existing and new investors, including ZA Global, China Harbour, Bright Venture, and Hivemind Capital.
Other participants included HSG, Eternal Digital, CMSC Partners, and Guotai Junan International Private Equity Fund.
Founded in 2020, RD Technologies is among the early proponents of stablecoin infrastructure in Hong Kong. The company focuses on responsible innovation in digital finance, providing a bridge between traditional Web2 enterprises and emerging Web3 financial ecosystems.
In addition to the financing, RD Technologies has signed a strategic Memorandum of Understanding (MOU) with ZA Bank. The agreement will explore the application of stablecoins in financial services, focusing on areas such as custody of reserve assets and the potential distribution of RD Technologies’ stablecoin, pending regulatory approval.
The latest investment follows the company’s previous Series A1 funding round in September 2024.
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