---
title: "EDA GROUP HLDGS has reached a partnership agreement with UTCPAY for collaboration. Both parties will engage in in-depth cooperation in the fields of digital asset trading, Web3 technology, and blockchain applications"
description: "EDA GROUP HLDGS has reached a partnership agreement with UTCPAY, and both parties will engage in deep cooperation in the fields of digital asset trading, Web3 technology, and blockchain applications. "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/254884630.md"
published_at: "2025-08-27T22:34:03.000Z"
---

# EDA GROUP HLDGS has reached a partnership agreement with UTCPAY for collaboration. Both parties will engage in in-depth cooperation in the fields of digital asset trading, Web3 technology, and blockchain applications

> EDA GROUP HLDGS has reached a partnership agreement with UTCPAY, and both parties will engage in deep cooperation in the fields of digital asset trading, Web3 technology, and blockchain applications. UTCPAY will provide access rights to digital asset payment solution technology, while EDA GROUP will utilize this technology to support clients in completing digital asset transactions. The recent stablecoin regulations issued by the Hong Kong government provide a favorable environment for the development of the Web3 industry. EDA GROUP is confident about the future of the Hong Kong Web3 industry, believing it to be an emerging market with development potential

According to the announcement from EDA GROUP HLDGS (02505), on August 27, 2025, the Group reached a partnership agreement with UTCPAY Limited (UTCPAY) (collectively referred to as "the parties") for cooperation. The two parties will engage in deep collaboration in the fields of digital asset trading, Web3 technology, and blockchain applications, leveraging their respective professional capabilities and resource advantages, aiming to provide advanced and professional digital asset payment service solutions for the Group's cross-border e-commerce clients. UTCPAY agrees to grant the Group access rights to its digital asset payment solution technology but will not participate in the Group's client fund settlement business. The Group agrees to utilize the technology provided by UTCPAY to support its clients in completing digital asset transactions and will exercise full control over the fund settlement service needs of the Group's clients using UTCPAY's digital asset payment solution technology.

Since October 2022, the Hong Kong Special Administrative Region Government (Hong Kong Government) has issued a series of regulatory policies regarding cryptocurrency trading, believing that Web3 has the potential to become a trend in future financial and business development. On June 6, 2025, the Hong Kong Government published the "Stablecoin Ordinance (Commencement Date) Notice" in the Gazette, designating August 1, 2025, as the date for the implementation of the "Stablecoin Ordinance" (Chapter 656), aimed at regulating activities involving stablecoins and establishing a licensing system for regulated stablecoin activities in Hong Kong.

The Group believes that the entry of virtual assets into the Web3 field will bring significant opportunities. The penetration rate of cryptocurrencies in the global business sector continues to rise, gradually becoming an important component of diversified investment portfolios. Given the significant achievements made by Hong Kong in the Web3 field and the favorable environment created by the Hong Kong Government through a series of regulatory policies for the sustainable development of the Web3 industry, the Group is confident in the future development of the Hong Kong Web3 industry, viewing it as a highly promising emerging market.

The Group serves numerous cross-border e-commerce clients, who have substantial payment needs for cross-border procurement and local retail. The payment method using stablecoins can significantly improve payment efficiency, reduce payment costs, and better serve cross-border e-commerce clients.

The Group will collaborate with UTCPAY to launch technical services, including stablecoin payments, optimize payment solutions, enhance customer experience, and promote the widespread application of stablecoins in payment scenarios within the cross-border e-commerce logistics industry.

According to the information available to the Company, UTCPAY is registered in Hong Kong under the Hong Kong Companies Ordinance (Cap. 622) and primarily provides decentralized cryptocurrency payment and wallet infrastructure services for B2B and B2C enterprises

### Related Stocks

- [CRCL.US - Circle](https://longbridge.com/en/quote/CRCL.US.md)
- [02505.HK - EDA GROUP HLDGS](https://longbridge.com/en/quote/02505.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 星展初級職員獲一次性特別花紅 6000 元 去年內地客財管業務雙位數增 | 星展集團宣佈將向初級職位員工發放一次性特別花紅 6000 港元，以表彰他們在艱難環境中的貢獻。此次獎勵涵蓋全球超過 2.3 萬名員工，預計總額為 1800 萬坡元。星展香港去年盈利創新高，零售銀行及財富管理業務表現理想，尤其是內地客户的增長 | [Link](https://longbridge.com/en/news/275858279.md) |
| BREAKINGVIEWS-穩定幣巨頭是加密貨幣領域的脆弱基礎 | Tether，全球最大的穩定幣 USDT 的發行者，儘管面臨監管挑戰和市場波動，仍展現出韌性。其市值達到 1840 億美元，主導着與美元掛鈎的數字貨幣。然而，由於其股權緩衝減少，風險資產在其儲備中所佔比例增大，其財務穩定性受到質疑。如果市場 | [Link](https://longbridge.com/en/news/276411736.md) |
| IoTeX 橋因私鑰漏洞被黑客攻擊，損失 880 萬美元，IOTX 價格下跌 | IoTeX 的跨鏈橋在 2 月 21 日遭到黑客攻擊，導致超過 800 萬美元的加密資產被盜，原因是私鑰漏洞。攻擊者提取了多種代幣並鑄造了額外的 CIOTX 和 CCS 代幣，使總損失接近 900 萬美元。IoTeX 已確認此次安全漏洞，並 | [Link](https://longbridge.com/en/news/276513543.md) |
| 01:09 ETBybit EU 通過在歐洲推出新的穩定幣活動，擴大了對 USDC 和 EURC 的訪問 | Bybit EU，Bybit 的歐洲部門，宣佈了新的活動，推廣使用 USDC 和 EURC 穩定幣。這些舉措旨在鼓勵歐洲範圍內負責任的數字資產使用，重點關注金融素養和長期規劃。Earn 產品為新用户提供固定收益選項，促進儲蓄習慣，而不是短期 | [Link](https://longbridge.com/en/news/276415701.md) |
| 關鍵事實：高盛第四季度收入下降 3% 至 134.5 億美元；專注於加密貨幣技術 | 高盛報告第四季度收入為 134.5 億美元，同比下降 3%，但超出預期 0.5%。其股價持平，目前為 933.01 美元。高盛首席執行官大衞·所羅門表示，高盛優先考慮加密貨幣技術，特別是代幣化和穩定幣，而不是在加密貨幣上進行大量投資 | [Link](https://longbridge.com/en/news/276373275.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
