Gate News message, April 22 — RD InnoVest, a subsidiary of RD Technologies, announced on April 20 that it has obtained Type 1 and Type 4 licenses from Hong Kong’s Securities and Futures Commission (SFC). Type 1 authorizes dealing in securities, while Type 4 permits advising on securities. The approvals enable the company to offer compliant investment services to corporate clients operating in both blockchain-based and traditional financial systems.
The licenses strengthen OristaPay, RD Technologies’ flagship platform designed to integrate digital asset services with conventional financial infrastructure. The platform’s offerings include asset custody, fiat-to-crypto and crypto-to-fiat conversion channels, stablecoin integration, yield generation strategies, and payment solutions. The company plans to expand OristaPay’s capabilities to include regulated digital asset portfolios, potentially featuring exposure to major cryptocurrencies such as Bitcoin.
The development reflects Hong Kong’s ongoing efforts to position itself as a regulated hub for digital asset innovation. Regulatory approvals of this nature have accelerated institutional adoption of blockchain-based financial services, as compliance remains a key requirement for large-scale operations. The licensing milestone underscores the convergence between regulatory oversight and technological advancement in the region’s growing Web3 ecosystem.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple Partners with K Bank to Validate Blockchain-Based Cross-Border Payment Technology
Gate News message, April 27 — Ripple, a blockchain-based enterprise solutions company, announced a strategic partnership with K Bank, a South Korean bank, to validate blockchain-based cross-border remittance technology. The partnership agreement was signed at K Bank's headquarters in Seoul on April
GateNews22m ago
Babylon Foundation to Deposit $3M USDT into Aave to Support DeFi Ecosystem
Gate News message, April 27 — Babylon Foundation announced it will deposit $3 million USDT into Aave, with $2 million allocated to V3 and $1 million allocated to V4, to demonstrate support and confidence in Aave and the broader DeFi ecosystem.
Any interest generated from the deposit will be
GateNews1h ago
Aave, Kelp, LayerZero Propose Releasing $71M Frozen ETH to Restore rsETH
Gate News message, April 26 — Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking Arbitrum DAO to release roughly $71 million in frozen ETH into DeFi United, a cross-protocol relief effort following last week's $292 million Kelp DAO
GateNews2h ago
JPMorgan: Tokenization Will Transform Funds Industry, But 'Good Use Cases' Still Years Away
Gate News message, April 26 — JPMorgan's global head of ETF product, Ciarán Fitzpatrick, said on Friday that tokenization will drive change across the entire funds industry, not just ETFs. "We believe tokenization will certainly drive how the market changes, not just for ETFs but across the funds in
GateNews3h ago
AWS Marketplace Integrates Chainlink Data Standards for Smart Contracts
AWS Marketplace is integrating Chainlink's data standards and services, enabling developers and enterprises to combine AWS compute, storage, database, and API infrastructure with smart contract capabilities, according to an announcement on Friday.
Chainlink Services Available on AWS
AWS users
CryptoFrontier6h ago
Aave Proposes 25,000 ETH to DeFi United for Kelp DAO Exploit Relief
Aave service providers put forth a governance proposal on Friday that would contribute 25,000 ETH worth nearly $58 million from the protocol's DAO to DeFi United, a "coordinated relief effort" to restore backing for rsETH following the Kelp DAO exploit. The proposed contribution would go toward clos
CryptoFrontier6h ago
