TechFlow news: Cobo, a digital asset custody and wallet technology provider, announced a strategic partnership with RD Technologies. Cobo will become the preferred wallet partner for the Hong Kong dollar-pegged stablecoin HKDR, collaborating with RD Technologies to explore and promote widespread adoption of HKDR, injecting new momentum into Hong Kong's digital finance sector.
On July 18, RD Technologies announced that its subsidiary, RD InnoTech Limited, has been admitted into the Hong Kong Monetary Authority’s (HKMA) Stablecoin Issuer Sandbox. As one of the first participants in the sandbox, RD Technologies will test multiple use cases for its proprietary Hong Kong dollar-pegged stablecoin HKDR, including digital asset trading and cross-border trade payments.
