ZA Global leads $40M Series A2 round in RD Technologies to build Asia’s stablecoin infrastructure

Finovate Global Hong Kong: Funding for Stablecoins, Yields on Idle Capital, and More!

This week’s edition of Finovate Global reviews the latest fintech news from Hong Kong. RD Technologies raises $40 million in advance of stablecoin licensing Hong Kong-based stablecoin infrastructure firm RD Technologies has secured $40 million in Series A2 funding. The round was jointly led by a consortium of both new and existing investors. Participating in the investment were ZA Global, China Harbour, Bright Venture, and Hivemind Capital. HSG,…

ZA Global leads $40M Series A2 round in RD Technologies to build Asia’s stablecoin infrastructure

ZA Global, a Hong Kong-based digital finance firm, has led a $40 million Series A2 financing round for fintech firm RD Technologies (RD). This strategic milestone accelerates the development of a regulated stablecoin ecosystem and next-generation Web3 financial infrastructure in Hong Kong, ZA Global said in a statement on Wednesday. As the lead investor, ZA Global’s involvement underscores its strong conviction in RD’s long-term potential and vi…