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
Fluid Emerges as DeFi Alternative After KelpDAO Incident Drains $10B from Aave
Abstract: KelpDAO hit Aave; TVL fell from $26.3B to $16.4B. Fluid launched a WETH redemption enabling ETH-to-wstETH swaps as DeFi TVL declined; Aave still has the largest TVL and institutional backing.
GateNews16m ago
ADA Price Outlook as Cardano Lands LSE Tokenized Deal
Key Insights
Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets.
ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l
CryptoNewsLand2h ago
LOBSTR Wallet Integrates XRP Ledger Support, Unlocking Access for 1.3M+ Users
Abstract: The article surveys XRPL ecosystem expansion, highlighting wallet integrations (LOBSTR with XRPL Commons; Exodus custody tools) and rising institutional interest from Mastercard, BlackRock, and Franklin Templeton as XRPL real-world asset activity grows toward a multi-billion-dollar valuation, underpinned by fast settlement and low fees.
Summary: LOBSTR adds XRP Ledger support via XRPL Commons; Exodus expands XRP/RLUSD custody tools. Mastercard, BlackRock, and Franklin Templeton monitor XRPL as RWA activity climbs toward $2.5B, enabling fast, low-cost settlements.
GateNews3h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand4h ago
SoFi Enables XRP Deposits for U.S. Users on Platform
SoFi adds XRP deposits on a regulated platform, expands 12-asset crypto support with withdrawal limits, while XRPL gains institutional interest and growing tokenized value.
SoFi Technologies has begun accepting XRP deposits on a nationally chartered, OCC-regulated bank platform, expanding access for U.S. retail users alongside other assets. The update adds 12 crypto deposits, supports transfers across Bitcoin, Ethereum, Solana, and the XRP Ledger, and offers trading on 27 coins, though withdrawals to external wallets remain restricted. The move coincides with rising institutional interest in the XRP Ledger from firms such as BlackRock, Mastercard, and Franklin Templeton, and a tokenized value on XRPL of about $2.5 billion, highlighting XRPL's growth in payments and settlement.
CryptoFrontNews6h ago
SocGen's SG-FORGE Onboards 15 Crypto Clients as EU Rules Drive Banks Deeper Into Digital Assets
Gate News message, April 22 — Société Générale's SG-FORGE unit has signed 15 crypto clients as Europe's new regulatory framework pushes traditional banks deeper into the digital asset space. The client base includes crypto exchanges, brokers, and wallet providers, according to Jean-Marc Stenger,
GateNews6h ago
