July 30, 2025 – RD Technologies announced the successful close of its Series A2 financing round, raising approximately US$40 million. This round attracted participation from a consortium of prominent investors, including China Harbour, Bright Venture, ZhongAn International, CMSC, and Hong Shan.
Since inception, RD Technologies has been dedicated to building a fully compliant stablecoin infrastructure, leveraging innovative financial technology to provide efficient cross-border payment and settlement services and to foster a trusted and interconnected commercial ecosystem. RD Technologies is one of the participants in the Hong Kong Monetary Authority's Stablecoin Regulatory Sandbox and will take the formal introduction of Hong Kong's stablecoin licensing regime as an opportunity to explore compliant issuance and applications of stablecoins, while driving technology deployment and scenario-based innovation.
Following representation of RD Technologies in the Series A1 financing completed in September 2024, Han Kun once again acted as lead counsel in the Series A2 round, delivering end-to-end, professional, and efficient legal services. Our scope included transaction structuring, drafting and negotiation of transaction documents, and closing procedures.
As Hong Kong's stablecoin licensing regime has become a focal point of the industry this year, Han Kun continues to stay at the forefront of regulatory developments, actively advising a range of fintech enterprises on engaging with Hong Kong's stablecoin regulatory framework. In addition to the RD Technologies financing, Han Kun is currently assisting several institutions in advancing their stablecoin-license applications, covering key areas such as license-strategy design, compliance architecture implementation, and establishment of regulatory communication mechanisms. We remain committed to providing professional and efficient services to help our clients seize opportunities under the new regime and to promote compliant innovation and sustainable development across the industry.