September 30, 2024
RD Technologies has successfully raised $7.8 million in its Series A1 funding round. This round saw investments from major industry players like HongShan, Hivemind Capital, Aptos Labs, and others. The funds will help RD Technologies develop a financial platform that connects Web2 and Web3, and support the growth of the Web3 ecosystem in Hong Kong.
Project | Latest Raise | Latest Raise Date | Stage | Category |
|---|---|---|---|---|
RD Technologies | $7.8M | September 30, 2024 | Series A1 | Payments, Wallet |
This achievement follows their initial seed round in 2020. RD Technologies has received strong backing from early supporters like ZhongAn Digital Asset, HashKey Group, and Dragonfly. These supporters provide valuable resources such as the HashKey Exchange trading platform and Web3 infrastructure. With the help of these experienced investors, RD Technologies aims to bridge Web2 and Web3 and help Hong Kong become a leading global Web3 hub.
About RD Technologies
RD Technologies is a company based in Hong Kong that focuses on making financial transactions easier and more efficient for businesses. They offer a mobile wallet called RD Wallet, which supports multiple currencies and allows businesses to make quick and secure payments. They are also working on a stablecoin called HKDR, which is backed by Hong Kong dollars and aims to provide a reliable and transparent way to handle payments. Additionally, RD Technologies has a tool called RD ezLink that helps businesses with customer verification and compliance, making it easier to onboard new clients and meet regulatory requirements.
Website: https://www.rd.group/
About Investor
HongShan, Hivemind Capital, Aptos Labs, Hash Global, SNZ Capital, Solana Foundation, Anagram, and Upward Capital.
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