Hong Kong dollar stablecoin HKDAP has expanded its authorized distributor network to five firms after three new institutions announced their participation this week. Standard Chartered Bank, Fosun International-backed Star Road Technology, and Yunfeng Financial subsidiary Yunfeng Securities joined the program, according to a report cited by Zhitong Caijing.
The additions follow the first batch of authorized distributors, HashKey and OSL Group. With the latest appointments, HKDAP's authorized distributor roster now stands at five.
HKDAP Expands Authorized Distributor Network to Five Firms
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