Odaily Planet Daily reports that Hong Kong fintech group RD Technologies has successfully completed nearly US$40 million in Series A2 funding. This round was led by ZhongAn International, Zhongwan International, Brilliant Investment, and Hivemind Capital, with participation from Sequoia China, Hengjiu Digital Capital, Junshi Investment, and Guotai Junan International Private Equity Fund. RD Technologies stated that this funding will accelerate the development of its regulated stablecoin infrastructure and actively cooperate with Hong Kong's upcoming stablecoin licensing regime. ZhongAn Bank has also signed a strategic cooperation memorandum with RD Technologies to jointly explore the compliant application of stablecoins in financial services.