IDA
Date | Investors | Amount | Round |
---|---|---|---|
* | $6.0m | Seed | |
Total Funding | €5.5m |
Recent News about IDA
EditHKDA is a fiat-referenced stablecoin designed to enhance connectivity for seamless commerce and payments between Hong Kong and global markets. The stablecoin is fully backed by at least 100% reserve assets held in regulated Hong Kong-based authorized institutions, ensuring that HKDA can always be redeemed 1:1 with its fiat currency. The company prioritizes security and compliance with regulatory standards, providing a reliable and trustworthy financial ecosystem. HKDA operates on a multi-chain approach, leveraging the strengths of various blockchain networks to foster interoperability, accessibility, resilience, and liquidity. This approach enables round-the-clock global trades, unlocking borderless opportunities and empowering users to manage their finances anytime, anywhere. The primary clients include businesses and individuals engaged in cross-border trade and global commerce, seeking a secure and efficient payment solution. HKDA operates in the digital asset and financial technology market, utilizing a business model that focuses on transaction fees and value-added services. The company generates revenue through transaction fees and partnerships with financial institutions and blockchain networks.
Keywords: stablecoin, fiat-referenced, global commerce, payments, 24/7 access, reserve-backed, multi-chain, interoperability, compliance, blockchain.