Eddid Financial has been granted approval by the Securities and Futures Commission (SFC) to offer crypto deposit and withdrawal services, with plans to expand into stablecoin and real-world asset (RWA) product development.
With this regulatory green light, Eddid Financial can now process cryptocurrency deposits and withdrawals for assets such as Bitcoin, Ether, USD Coin, Tether, and USDT-TRC. This move signals a significant shift in the company’s digital asset strategy, aiming to cater more comprehensively to Hong Kong’s regulated virtual asset market.
Facilitating Crypto Transactions Through Eddid ONE
The authorisation will enable Eddid Financial to enhance its proprietary trading platform, Eddid ONE. An upcoming update is expected to integrate direct crypto transfer functionalities, streamlining the management of digital assets for users.
Future Plans Involving Stablecoins and RWA Products
Representatives from Eddid Financial mention that this approval will support their strategic expansion into stablecoin distribution and the tokenisation of real-world assets. They see a growing need for investors to have more flexible and liquid options within their digital asset portfolios.
The company intends to position its digital asset operations under a robust regulatory and compliance framework, aligning with broader goals in the fintech and virtual asset sectors.
Earlier Strategic Partnership
In June 2025, Eddid Financial announced a strategic partnership with EXIO Limited. Through this collaboration, Eddid Financial provided liquidity support and settlement services for EXIO’s virtual asset transactions.
By leveraging its expertise in traditional financial markets, Eddid Financial helped EXIO Limited improve trading efficiency and service quality. This partnership was instrumental in promoting the growth of the virtual asset market and furthering Hong Kong’s position as a global hub for virtual assets.
