Eddid Financial has been granted SFC approval to provide crypto deposit and withdrawal services, with plans to develop stablecoin and real-world asset (RWA) products.
This regulatory endorsement enables the company to process cryptocurrency deposits and withdrawals of various digital assets, including Bitcoin, Ether, USD Coin, Tether, and USDT-TRC.
The approval marks a significant shift in Eddid Financial’s digital asset strategy, as it seeks to expand its offerings within Hong Kong’s regulated virtual asset landscape. The firm intends to incorporate these new functionalities through its proprietary trading platform, Eddid ONE, which is scheduled for an upgrade that will include direct crypto transfer capabilities.
Expansion into Stablecoins and RWA Products
Eddid Financial representatives have stated that the SFC authorization will support future endeavors to diversify their services by including stablecoin distribution and RWA tokenization. This move is in response to an increasing investor demand for greater flexibility and liquidity in digital asset portfolios.
The company’s officials believe that these new services will simplify cryptocurrency management, reducing the necessity for users to handle private keys or rely on third-party wallets. Eddid Financial plans to ensure its digital asset operations comply with regulatory requirements as part of its ongoing expansion in fintech and virtual asset sectors.
Strategic Partnerships
In June 2025, Eddid Financial announced a strategic partnership with EXIO Limited. Through this collaboration, Eddid Financial offered liquidity support and settlement services for EXIO Limited’s virtual asset transactions, enhancing the trading experience for market participants.
Utilizing its extensive experience in traditional financial markets, as well as active involvement in the virtual asset sector over recent years, Eddid Financial provided EXIO with a comprehensive liquidity management solution that covered various digital assets such as Bitcoin and Ethereum. Meanwhile, EXIO focused on improving trading efficiency and service quality to promote greater acceptance of virtual asset trading, thereby contributing to Hong Kong’s advancement in the global virtual asset market.
