Hong Kong-based E-trading platform startup Aden Financial raises multi-million dollar in Series A funding

HONG KONG, March 26, 2023 — Eight Roads Ventures, a cross-border OTC asset E-trading platform for RMB assets, has led a multi-million dollar Series A fundraising round for Aden Financial (“Aden”) (“Eight Roads”). The funds from Aden’s initial round of outside investment will expand the company’s technological capabilities, fortify its market position in Asia, and improve access to critical international areas.

Aden is dedicated to creating a technology-enhanced cross-border E-trading platform for RMB assets and supports bonds, derivatives, and funds. The firm offers various services under one roof, including click-to-trade, price discovery, automated trade matching, and alternative data display. Aden had tremendous expansion in 2022 regarding customer counts and trading volume, resulting from the high demand from foreign investors for Hong Kong’s OTC E-trading infrastructures and their long-term outlooks on RMB assets.

The founding team of Aden stated: “Aden is positioned as a provider of cross-border infrastructure for trading RMB assets. We anticipate greater connectivity between China’s domestic and international capital markets as it liberalizes its financial sector. With the aid of our external investor, we expect to play a key role in assisting foreign investors in more effectively and efficiently understanding China’s financial markets.”

Eight Roads partner Gordon Zhang said: “One of Eight Roads’ primary investment industries is fintech, and this investment shows our firm belief in the trend of RMB globalization. With a strong and innovative team, Aden should be able to assist more foreign investors in investing in China.”

Aden, a Hong Kong-based company, has gained many cross-border investment qualifications, including bond connect and CIBM Direct, which mainland Chinese regulators have recognized. Aden possesses No. 1, 2, 4, and 9 licenses from the HKSFC. Aden is dedicated to creating a technologically advanced cross-border trading platform for RMB OTC assets, including funds, bonds, and derivatives. We provide one-stop E-trading services for international investors, including UHNWs, family offices, and funds.

Fidelity-backed Eight Roads is a multinational proprietary investment company that oversees approximately USD 11 billion in assets spread throughout China, India, Europe, Israel, Japan, and the United States. Almost 300 worldwide healthcare and technology firms have partnered with us throughout our 50-year investment history. Alibaba, Pony.ai, Hibob, PingPong, Fenbeitong, Medbanks, and WuXi PharmaTech are a few of the international companies in which we have stakes.

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