Aden Financial, a cross-border OTC E-trading platform for RMB assets, raises multi-million dollar in Series A funding, led by Eight Roads Ventures
Summary
As Adens first round of external fundraising, the proceeds will be used to enhance the companys technology capabilities, strengthen its presence in Asia market, and enrich its access to target global regions.Aden is committed to developing a technology-enhanced cross-border E-trading platform for RMB assets, currently covering bonds, derivatives and funds. The company has one-stop service offerings such as alternative data display, price discovery, automatic trade-matching, and click-to-trade. In 2022, Aden achieved rapid growth in both numbers of clients and trading volume, reflecting international investors strong demand for OTC E-trading infrastructures in Hong Kong and the long-term views on RMB assets.Adens founding team commented: "Aden is positioned as a builder for cross-border RMB assets trading infrastructure. 1, 2, 4 and 9 licenses issued by HKSFC and obtained multiple cross-border investment qualifications such as bond connect and CIBM Direct, approved by mainland China regulators. Aden is committed to developing a technology-enhanced cross-border trading platform for RMB OTC assets, covering bonds, derivatives and funds.