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ZA Global Leads US$40 Million Series A2 Round in RD Technologies to Build Asia’s Stablecoin Infrastructure
ZA Global RD stablecoin investment marks a key milestone in regulated digital finance across Asia. ZA Global, a leading force in Asia’s digital finance landscape, has led a US$40 million Series A2 financing round for RD Technologies (“RD”). This strategic milestone accelerates the development of a regulated stablecoin ecosystem and next-generation Web3 financial infrastructure in Hong Kong.
As the lead investor, ZA Global’s involvement underscores its strong conviction in RD’s long-term potential and vision in the regulated stablecoin space. This strategic investment not only provides critical capital support but also signals ZA Global’s commitment to shaping a compliant, innovative digital financial hub in Hong Kong.
In conjunction with the funding, ZA Bank, ZA Global’s digital banking subsidiary, has signed a Memorandum of Understanding (MOU) with RD, building on their foundational partnership in reserve banking services established last year. Under the new agreement, ZA Bank will further deepen its collaboration with RD across two key areas:
- Custodial Infrastructure: ZA Bank will continue to expand its support for reserve asset custody needs, reinforcing trust and transparency in stablecoin issuance.
- Distribution Partnership: ZA Bank also expresses its intent to become a distributor of compliant stablecoin, helping the possible introduction of digital asset solutions.
ZA Global President Wayne Xu said: “As regulatory clarity and demand for compliant stablecoin solutions continue to grow, our partnership with RD marks a milestone in aligning innovation with compliance. Together, we are shaping a secure and regulated digital finance ecosystem for Hong Kong and the wider region.”
The ZA Bank and RD collaboration strengthens Hong Kong’s stablecoin ecosystem by combining compliant custody infrastructure with digital asset innovation.
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