President of Cyberport Hong Kong: Over a hundred Web3 companies have settled in Cyberport, hoping to launch the Cyberport Dollar wallet

ChainCatcher news, according to Ming Pao, the CEO of Cyberport Hong Kong, Simon Kwan, stated that since the government announced the virtual asset policy declaration at the end of October last year, more than a hundred companies have settled in Cyberport, accumulating over 180 Web3 companies building the entire ecosystem, with the number of companies continuing to grow at a healthy pace. Most of these companies focus on application areas, including financial services, lifestyle, and entertainment, while more than 20 companies are engaged in Web3-related technologies, such as data analysis, and over 10 blockchain infrastructure companies.

Simon Kwan also mentioned that although most of the newly settled companies in Cyberport are from overseas, many are actually Chinese. He stated that while Hong Kong's digitalization process is not as advanced as that of other countries or regions, he hopes that Hong Kong can "jump a step" from its previously slower pace, such as launching a Cyberport digital wallet. In terms of the metaverse, although it is not as popular as last year, many applications have integrated gaming and technology, and there are still many users participating. The decline is also related to the current poor financing environment.

As a Web3 base, Cyberport hopes to promote through different channels while focusing on three areas of development: talent training, industry development, and promoting awareness. It is expected that it will still take some time to achieve widespread application of Web3 in the future.