Yuanbi Technology completed the $40 million A2 round of financing, led by ZhongAn International
2025-07-30 05:05:50
RD Technologies announced the completion of the A2 round of financing of nearly 40 million US dollars, led by ZhongAn International, Zhongwan International, Bright Investment and Hivemind Capital, with the participation of Lushan China, Hengjiu Digital Capital, Junshi Investment and Guotai Junan International Private Equity Fund. Yuanbi Technology said that it will accelerate the construction of enterprise-grade stablecoin infrastructure to meet the official implementation of the stablecoin licensing system in Hong Kong on August 1. At the same time, ZhongAn Bank has signed a strategic cooperation memorandum with it to explore the application of stablecoins in compliance financial services. Yuanbi Technology has previously participated in the pilot of the Hong Kong Monetary Authority's stablecoin sandbox and launched the HKDR stablecoin anchored 1:1 with the Hong Kong dollar.
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