ChainCatcher news, according to Cointelegraph, Hong Kong's Financial Secretary Paul Chan stated during his keynote speech at the "Consensus Hong Kong 2025" conference that as the Web3 ecosystem continues to develop, Hong Kong will maintain a stable, open, and vibrant digital asset market.Paul Chan pointed out that Hong Kong is making significant investments in related infrastructure and talent development. Currently, Hong Kong's Cyberport has gathered over 270 blockchain companies, with more than 120 added in the past 17 months.

ChainCatcher news, according to Cointelegraph, Cyberport is a business hub owned and operated by the Hong Kong government, which has added more than 120 companies in 16 months and currently hosts over 270 blockchain technology-related enterprises.The founders of these over 270 companies come from more than 20 countries and regions, including Japan, South Korea, the United States, Canada, Germany, the United Kingdom, and India, in addition to Hong Kong and the mainland.According to a Legislative Council report, Cyberport's Web3 companies have begun to apply blockchain technology to real-world applications, including smart living, digital entertainment, fintech, and network and data security. In addition, Cyberport is actively recruiting companies specializing in blockchain security, asset custody, and cryptocurrency wallets to facilitate collaboration among various Web3 companies within its network.

ChainCatcher news, according to Hong Kong media East Network reports, Hong Kong Cyberport disclosed that its community startups successfully raised over HKD 3.7 billion in funding in the year ending September 2024, an increase of 23% year-on-year. Recent high-profile financing completed by Cyberport companies includes KLOOK, Leapstack, Buy&ship, MediConCen, DeBox, among others, with a cumulative total of over HKD 41.2 billion in funding.In addition, HashKey Group, the second licensed virtual asset trading platform in Hong Kong, has become the eighth unicorn company in Cyberport, reflecting the investment potential of Web 3.0 technology applications attracting investor support, as well as the effectiveness of Cyberport's efforts to promote the development of the Web 3.0 industry.Hong Kong Cyberport stated that the Cyberport Venture Capital Forum, CVCF, is scheduled to be held from October 24 to 25, focusing on how emerging technologies such as Web 3.0 and AI can help startups and investors break boundaries.

ChainCatcher news, according to the Hong Kong Economic Times, ZA Bank CEO Yao Wensong stated in a recent interview that ZA Bank is not only the first digital bank to open in Hong Kong but also the first digital bank in Hong Kong. By the end of 2023, its user numbers and deposit amounts are the highest among the eight licensed digital banks.Yao Wensong mentioned that ZA Bank has invested a lot of resources in supporting Hong Kong's Web3 ecosystem. Among the more than 200 Web3 companies in Cyberport, over 100 have opened accounts with ZA Bank. He also stated that ZA Bank provides corresponding functional support for the two licensed virtual asset trading platforms in Hong Kong to align with the future development of virtual assets.

ChainCatcher news, zCloak Network has officially signed a Web3 PoC (Proof of Concept) funding agreement with Hong Kong Cyberport. According to the plan, Cyberport will provide financial support to assist zCloak Network's technology and products in conducting proof of concept, promoting the application and popularization of DID (Decentralized Identity) in Hong Kong's business and financial sectors, and enhancing the anti-fraud capabilities of small and medium-sized enterprises in the context of deep AI fraud.

ChainCatcher news, Hong Kong Cyberport announced the establishment of the "Web3.0 Investment Circle" (W3IC) under the "Cyberport Investor Network," aiming to create a dedicated investor network in the Web3.0 field to promote investments related to Web3.0 projects.Cyberport will leverage W3IC and its synergies to drive an investor network focused on Web3.0, providing market analysis for Web3.0 and other innovative technologies, specifically assisting investors in understanding the market and communicating with startups to seize opportunities in emerging markets. Since the establishment of the "Cyberport Web3 Base," Cyberport has gathered around 230 companies engaged in Web3.0 from over 15 countries and regions worldwide.

ChainCatcher news, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, published a blog post today titled "Strengthening Foundations and Enhancing Quality Development." The disclosed information shows that over 400 companies have settled in Cyberport in the past year, bringing the total number of companies in the community to over 2,000, among which 8 are unicorns; startups have raised a total of over 40.6 billion HKD, with a clear advantage in the fintech and third-generation internet sectors. The development of artificial intelligence is accelerating and technically supporting the digital transformation of Hong Kong enterprises.

ChainCatcher news, according to a message released by TokenPocket's official X account, TokenPocket has officially settled in Hong Kong Cyberport and established an Asia-Pacific operations center in Hong Kong.Previous news, TokenPocket has reached a cooperation agreement with the comprehensive licensed securities company Victory Securities (8540.HK). TokenPocket will focus on enhancing the user experience of Victory Securities' stock and cryptocurrency trading application, VictoryX. This cooperation also aims to provide a smooth and reliable investment experience for investors in the recently listed Bitcoin and Ethereum spot ETFs in Hong Kong.

ChainCatcher news, according to official sources, Manta Network has announced its participation in the Hong Kong Cyberport Incubation Program.It is reported that with the assistance of Cyberport, Manta Network plans to explore practical use cases connecting Web2 and Web3 in finance, education, and other traditional industries.

ChainCatcher news, according to official sources, Hack.Summit 2024 will be held from April 9 to 10 at Cyberport, Hong Kong. This event is co-hosted by Hack VC, RockTree Capital, AltLayer, and Berachain.During the Hack.Summit 2024 event, there will also be a two-day, one-night hackathon with a prize pool of over $20,000, exploring new trends and opportunities in the blockchain industry.

ChainCatcher news, the public chain project Conflux announced the establishment of an office in Hong Kong Cyberport.

ChainCatcher news, the Web3 recruitment platform SmartDeer has announced its selection for the Hong Kong Cyberport incubation program, receiving a grant of 500,000 HKD from Cyberport. SmartDeer will work closely with Cyberport to promote innovation in the Web3 field.According to RootData, SmartDeer is a recruitment platform aimed at connecting Web3 projects and talent, with its products available on iOS and Android apps.

According to ChainCatcher news, as reported live by Foresight News, at the main forum of the 8th Hong Kong FinTech Week jointly organized by the Financial Services and the Treasury Bureau of the Government of the Hong Kong Special Administrative Region, InvestHK, and FintechHK, Xiao Feng, Chairman of Wanxiang Blockchain, stated that they are currently discussing with Hong Kong Cyberport the design of an application chain aimed at DePIN, bringing together all DePIN-related applications.

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.

ChainCatcher news, TOPGOAL successfully held a themed summit in Hong Kong Cyberport focusing on the integration of sports, gaming, and Web3 technology. The summit invited industry leaders such as Chiliz and Binance, legendary football star Evra, and representatives from the Hong Kong government to discuss the vast application prospects of Web3 in the sports entertainment field.In addition, TOPGOAL announced a strategic partnership with Chiliz and Binance Fan Token, aiming to advance the future of decentralized football gaming, further strengthening the leadership position in the digital football industry, and creating a richer and more immersive digital experience and sense of participation for fans, clubs, and stars.

ChainCatchter news, Hong Kong Cyberport CEO Simon Kwan stated in a recent interview with Finance730 that the Hong Kong government is actually "making an exception" to promote Web3 and virtual assets, clearly seeing the disruptive changes that the third generation of the internet will bring to long-term technology. Therefore, it is quite visionary to promote this. Hong Kong Cyberport has become the Web3 base in Hong Kong, with most companies coming from overseas, and over 200 companies are already engaged in Web3 business.Simon Kwan also mentioned that financial institutions may need time to adjust their policies and risk control measures, but there are already two virtual banks within Hong Kong Cyberport, which have helped Web3 companies open bank accounts. In response to former Hong Kong Monetary Authority CEO Norman Chan's statement that "virtual assets are a casino," Simon Kwan replied that Norman Chan mistakenly equated the government's promotion of Web3 with encouraging speculation in virtual currencies, but many Web3 applications are not cryptocurrencies and cannot be considered speculation.