Report: Hong Kong blockchain companies have grown by 250% since 2022
ChainCatcher message, according to the "Hong Kong FinTech Ecosystem" report released by the Hong Kong government's Invest Hong Kong department responsible for regulating foreign direct investment, Hong Kong has over 1,100 fintech companies, including 175 blockchain application or software companies and 111 digital asset and cryptocurrency companies, which have grown by 250% and 30% respectively since 2022. The report states: "It is expected that by 2032, the revenue of Hong Kong's fintech market will reach $606 billion, with an annual growth rate of 28.5% from 2024 to 2032."
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