TechFlow news, July 30 — According to an official announcement, Hong Kong fintech company RD Technologies has completed a USD 40 million Series A2 funding round. The round was jointly led by ZA Global, China Harbour Capital, Bright Venture, and Hivemind Capital, with participation from other investors including HSG, Eternal Digital Capital, Junshi Investment, and Guotai Junan International Private Equity Fund.
RD Technologies plans to use the funds to enhance its platform capabilities in preparation for Hong Kong's upcoming stablecoin licensing regime, scheduled to take effect on August 1, 2025. Additionally, ZA Bank has signed a strategic cooperation memorandum with RD Technologies to jointly explore compliant applications of stablecoins in financial services, including reserve asset custody and stablecoin distribution.
