RD Technologies Secures $40M to Power Hong Kong’s Regulated Stablecoin Future
RD Technologies has raised $40 million in Series A2 funding to expand its regulated stablecoin ecosystem in Hong Kong. The investment will bolster the company's capacity to develop HKDR, a Hong Kong dollar-backed stablecoin designed for compliance and transparency. Backed 1:1 by fiat reserves held in regulated institutions, HKDR aims to provide a secure foundation for digital asset transactions in Asia's evolving financial landscape.
Lead investor Zhongwan International, alongside Hivemind Capital, Matrixport, and others, signals strong institutional confidence in RD Technologies' vision. The funding accelerates preparations for HKDR's regulatory rollout, positioning it as a potential cornerstone for Hong Kong's digital finance infrastructure.
