Fintech Reap Expands Hong Kong Headquarters to Drive Stablecoin Payment Solutions
Reap, a Hong Kong-based fintech platform specializing in stablecoin-enabled business payments, is expanding its global headquarters with a new 10,000-square-foot office in Quarry Bay. The MOVE capitalizes on Hong Kong's regulatory clarity for digital assets, with the company reporting profitability in 2025 and projecting a sixfold increase in processing volumes from 2024 levels.
The platform's transaction volumes surged eightfold between 2021 and 2023, serving major crypto clients including Animoca Brands, Trust Wallet, and Amber Group. "Hong Kong's financial infrastructure bridges traditional and digital ecosystems, creating fertile ground for innovation," said co-founder Daren Guo. The city's status as the world's fourth-largest FX hub, with $660 billion in daily turnover, cemented the expansion decision.