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IDA - Seed
Overview
Funding Date
September 2, 2024
Financing amount
$6M
Valuation
--
Category
Subcategory
About IDA - Seed
IDA has successfully raised $6 million in a seed funding round led by CMCC Global. The funding round also saw participation from Titan Fund, Hashed, Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ. This financial boost will enable IDA to advance the development and launch of its first fiat-referenced stablecoin, HKDA, which aims to be regulated in Hong Kong.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Hong Kong | 2016 | 22 | -- | ||
| Fund | India | 2015 | 5 | -- | ||
| Fund | Korea (the Republic of) | 2017 | 38 | -- | ||
| Fund | United States of America | 2017 | 78 | [email protected] | ||
| Fund | Unknown | 2022 | 36 | [email protected] | ||
| Fund | Hong Kong | 2013 | 159 | [email protected] | ||
| Fund | United States of America | 2022 | 10 | -- | ||
| Fund | Hong Kong | 2014 | 4 | -- | ||
| Corporate | -- | 2018 | 25 | -- | ||
| Fund | Hong Kong | 2016 | 68 | [email protected] |
Company Profile / Project Introduction
IDA is the premier digital asset technology company empowers businesses to seamlessly integrate between Web2 and Web3. HKDA, a fiat-referenced stablecoin built on public blockchain protocols, will be the first product launched by IDA. HKDA is designed to drive enhanced digital connectivity for seamless commerce and payments between Hong Kong and global markets, 24/7/365.