Yuanbi Technology Completes US$40 Million Series A2 Financing

Hong Kong, July 30, 2025—RD Technologies ("RD Technologies"), a leading Hong Kong fintech group, today announced the successful completion of its Series A2 funding round, raising nearly US$40 million, further solidifying its leadership in building compliant stablecoin infrastructure in Hong Kong.

This round was co-led by existing and new investors including ZhongAn International (ZA Global), China Harbour, Bright Venture, and Hivemind Capital, with participation from Sequoia Capital China (HSG), Eternal Digital, Junshi Investments, and Guotai Junan International Private Equity Fund.

This funding demonstrates investor confidence in RD Technologies' vision to drive a new era in digital currency trading and asset tokenization through secure, enterprise-grade stablecoin infrastructure.

Founded in 2020, RD Technologies is one of the earliest fintech companies in Hong Kong to champion the development of stablecoins. Since its inception, Circle Coin Technology has consistently upheld the philosophy of responsible and sustainable innovation, committed to connecting traditional Web2 businesses with the emerging Web3 financial system through open networks, real-world application scenarios, and industry collaboration.

Circle Coin Technology CEO Liu Yu stated, "This round of financing will help us accelerate our growth at a critical juncture for the industry. We are expanding our platform capabilities, deepening global partnerships, optimizing our product offerings, and actively preparing for the implementation of Hong Kong's stablecoin licensing regime on August 1, 2025. Our unwavering commitment is to build trusted and scalable financial infrastructure and realize the true value of stablecoin cross-border applications." In addition to participating in this round of financing, ZhongAn Bank (ZA Bank) also signed a strategic cooperation memorandum (MOU) with Circle Coin Technology to jointly explore the compliant application of stablecoins in financial services, including reserve asset custody and potential stablecoin distribution roles, to accelerate the implementation of regulated digital financial solutions.

This financing also marks another milestone for Circle Coin Technology, following the completion of its Series A1 financing in September 2024, as it embraces the new opportunities presented by the implementation of stablecoin regulations.