ChainCatcher news, at the "Web3 Future Night" gala held during the Hong Kong Web3 Carnival, Uweb founder and president Yu Jianing delivered a keynote speech on "Key Trends and Outlook for Web3.0 in 2025." He stated that the current Web3.0 is experiencing regression phenomena such as increased centralization, declining project quality, and weak capital inflows.He pointed out that from 2024 to 2030, Web3.0 digital assets will evolve along "two main lines": one is the market capitalization growth of individual assets driven by spot ETFs (vertical uplift), and the other is the expansion of asset pools driven by RWA tokenization (horizontal expansion). Compliance is key for mainstream institutions to enter the market.In addition, he also predicted that the Web3.0 industry will welcome nine major trends in 2025, including crypto-friendly policies driven by the Trump administration, widespread adoption of Bitcoin as a reserve asset, expansion of the RWA market, Hong Kong leading the compliance wave, explosive growth of Web3 AI Agent applications, continuous growth of the Meme ecosystem, Layer1/Layer2 reshaping on-chain logic, simplification of development experience through chain abstraction, and the Bitcoin ecosystem moving towards a new era of programmability and staking economy.

ChainCatcher news, Japan's IT giant Hitachi's Indian subsidiary invests in Spydra. The startup aims to achieve real-world asset tokenization on public and private blockchains, specializing in enterprise blockchain Hyperledger Fabric.The purpose of this collaboration is to bring innovation to Hitachi in "Web 3.0, Central Bank Digital Currency (CBDC), and blockchain technology."

ChainCatcher news, the Deputy Secretary for Financial Services and the Treasury of Hong Kong, Chen Haolian, stated that the second round of public consultation on the regulation of virtual asset over-the-counter (OTC) trading is planned to be completed next year. A proposed licensing system for regulating virtual asset custodians will also be consulted next year to ensure the secure custody of digital assets meets international standards.Chen Haolian emphasized that the licensing system for virtual asset trading platforms introduced in June last year is an important milestone. Before the end of this year, a bill will be submitted to the Legislative Council to establish a licensing system for fiat-backed stablecoin issuers, creating a secure framework for this emerging market. He pointed out that many financial institutions choose to set up regional headquarters or the largest regional operations in Hong Kong, which means that Web 3 companies can easily access a large pool of potential customers, investors, and business partners.

ChainCatcher news, the first "FireNow" Asia Web3.0 Institutional Summit hosted by New Fire Technology Holdings Limited (referred to as "New Fire Technology", stock code: 1611.HK) will officially open on August 13 at The Ritz-Carlton, Hong Kong. This summit invites top entrepreneurs, investors, experts, and scholars from the global Web3 industry to gather in Hong Kong to discuss the hottest topics and cutting-edge investment & technology trends in the current Web3 industry.The conference will focus on six hot topics, including exploring the "Hong Kong Plan" for spot ETFs on virtual assets, how to build a future-oriented Bitcoin ecosystem, investment strategies for the second half of the cycle, how crypto asset management can enter traditional markets, the security of virtual assets, and the compliance journey of virtual asset exchanges, aiming to provide an open and inclusive communication platform for Web3 builders in Asia and around the world.The conference has invited industry leaders such as Professor Wang Yang, Vice President (University Advancement) of the Hong Kong University of Science and Technology, Sailor Zhong, founder of ChainUp, BMAN, partner at ABCDE, Wang Xiaoqi, CEO of Hashkey Exchange, Sun Yuchen, founder of TRON, and Dr. Yu Jianing, president of Uweb, along with many representatives from well-known institutions to attend this conference.The official registration portal for the first "FireNow" Asia Web3.0 Institutional Summit is now online, click to register now.

ChainCatcher news, according to Fund Europe, digital asset ETP provider ETC Group has partnered with ETF provider HANetf to launch the ETC Group Web 3.0 Ucits ETF, which is the first Web 3.0 ETF in Europe. This ETF targets 20 companies in the Web3 space, including types such as NFTs and tokenization, blockchain technology, the metaverse, big data, and artificial intelligence.The ETF falls under Article 8 of the Sustainable Finance Disclosure Regulation (SFDR), incorporating environmental and social factors into its index methodology. It tracks the Solactive ETC Group Web 3.0 Index, which is ESG-screened and employs AI-driven construction to ensure its relevance in the rapidly evolving industry.

ChainCatcher news, the "Cyberport University Partnership Program 2024," organized by Cyberport Academy and Cyberport Web3 Hub, has officially launched with the support of 11 local universities. The program will incorporate Web3.0 elements for the first time, aiming to cultivate more young Web3.0 talents.The Chairman of Hong Kong Cyberport, Chan Sai Ming, stated that this year's program aligns with the Hong Kong SAR government's goal of developing Hong Kong into a Web3.0 hub, strengthening the cultivation of local Web3.0-related talents. He hopes to assist students participating in the program to understand the latest industry trends, inspire innovative thinking, and expand their networking while receiving external training. It is reported that each winning team can receive a seed fund of HKD 100,000 from the "Cyberport Creative Micro Fund."

ChainCatcher news, Minsheng Securities released a research report on the social service industry, which pointed out that the regulatory framework for Web 3.0 in Hong Kong is gradually becoming clear. Minsheng Securities suggests that against the backdrop of the continuous improvement of the regulatory framework, the Hong Kong Web 3.0 ecosystem is expected to thrive. They recommend paying attention to the OSL Group, which has obtained a virtual currency trading platform license in Hong Kong; Futu Holdings and Tiger Brokers, which have submitted license applications; Boyaa Interactive, which is actively布局 in the Web 3.0 field; and New Huo Technology Holdings, a one-stop digital asset service platform. In addition, Minsheng Securities warns of regulatory uncertainty risks; cryptocurrency price volatility risks; and cryptocurrency security risks.