ChainCatcher news, according to Hong Kong's Ta Kung Pao, Zhu Haokang, the head of digital asset management and family wealth management at Huaxia Fund (Hong Kong), stated that to encourage mainland enterprises with investment and financing needs to raise funds in the Web3.0 industry through Hong Kong's compliant tokenized securities laws and virtual asset trading platforms, Hong Kong can take the following measures:First, Hong Kong should fully leverage its advantages as an international financial center and actively improve the legal and regulatory framework for tokenized securities.At the same time, professional institutions in Hong Kong can provide legal and financial consulting services for mainland enterprises regarding Hong Kong RWA tokenization, helping them familiarize themselves with the issuance and trading processes of tokenized securities.Finally, Hong Kong needs to establish a sound investor protection mechanism to ensure that investors' rights and interests are effectively safeguarded.

ChainCatcher news, according to statistics from the Web3 asset data platform RootData, the total financing amount in the cryptocurrency market reached $10.112 billion in 2024, an increase of 8.3% compared to $9.337 billion in 2023. A total of 1,548 financing events occurred throughout the year, with 102 merger and acquisition events, a 34.2% increase from 76 in 2023, setting a historical high. The average financing amount was $9.1352 million, with a median financing amount of $4.1 million. In terms of financing scale, the most projects were in the $1-3 million range, totaling 408, followed by 244 in the $5-10 million range and 219 in the $3-5 million range; in terms of financing rounds, seed rounds dominated with 426 occurrences.From the perspective of sector distribution, the infrastructure sector was the most favored by capital, with a total financing amount of $3.995 billion in 2024, an 18.2% increase from $3.379 billion in 2023; the DeFi sector ranked second with $1.493 billion, nearly doubling from $759 million in 2023; the gaming sector's financing amount increased from $669 million in 2023 to $813 million. Notably, the CeFi sector's financing amount decreased from $990 million in 2023 to $679 million in 2024. The largest financing event of the year was Stripe's acquisition of the stablecoin platform Bridge for $1.1 billion, followed by Bitcoin mining company Iris Energy's $413 million financing, and Avalanche's $250 million OTC financing.In terms of the activity of investment institutions, Animoca Brands topped the list with 95 investments, followed by OKX Ventures with 72 and MH Ventures with 56. In terms of leading investments, Polychain was the most active, completing 30 lead investments throughout the year, with Hack VC in second place with 24, and both Lemniscap and Animoca Brands completing 17 lead investments, ranking third.

ChainCatcher news, HashKey Group officially launches ModAI, an AI community operation service incubated by the group, specifically designed for the Web3 industry, integrating globally leading large language models. ModAI covers the latest real-time knowledge base in the Web3 and macroeconomic fields, supports personalized character customization, and significantly enhances the interactive experience, rivaling that of real people.As an innovative AI service aimed at the Web3 ecosystem, ModAI is designed to address the complex challenges in community operations, providing efficient and precise service support for industry practitioners. It has already established partnerships with three well-known project parties. By launching ModAI, HashKey Group once again demonstrates its innovative leadership in the digital asset and blockchain industry, promoting the continuous development of the Web3 ecosystem.

ChainCatcher news, the 2024 Hong Kong Listed Companies Development Summit Forum and the 11th "Hong Kong Stock 100" Awards Ceremony, hosted by the Hong Kong Stock 100 Research Center, will be grandly held on November 11, 2024, at the Hong Kong Convention and Exhibition Centre S421. At this event, Hashkey Exchange received the "Web3 Industry Leader Award" in recognition of its outstanding contributions to promoting the development of the Web3 industry and innovation in Hong Kong's fintech sector.This award ceremony is organized by the Hong Kong Stock 100 Research Center, co-organized by Caihua News and Futu Securities, and supported by the Hong Kong Ta Kung Wen Wei Financial Public Relations Group. This award not only recognizes Hashkey Exchange's leadership position in the Web3 field but also affirms its role in promoting innovation and digital transformation in Hong Kong's financial market. The award for Hashkey Exchange also signifies the increasing influence and competitiveness of Hong Kong in the global fintech sector, while also indicating that the Hong Kong financial market is ushering in new opportunities for digital transformation.It is reported that Hashkey Exchange, as the largest licensed virtual asset exchange in Hong Kong, has surpassed HKD 6.7 billion in asset scale as of November 11, with a cumulative trading volume exceeding HKD 550 billion, and a growth scale of HKD 1.2 billion in the past 10 days.

ChainCatcher news, Huobi HTX global advisor Sun Yuchen stated in the Spaces open mic titled "Waiting for the Dust to Settle in America, Witnessing BTC's New High" that Trump's presidency could bring a "180-degree turnaround" for the Web3 industry. He pointed out that this change would not only create a more relaxed policy environment but also promote innovation and mainstream development in the Web3 field, making it possible for the industry to welcome a freer innovation environment and broad support.In addition, Sun Yuchen commented on Bitcoin breaking its historical high, stating that under the current election backdrop, many cryptocurrencies have not yet reached their deserved heights. The regulatory pressure over the past four years has shaken internal confidence, and outsiders lack a deep understanding of the industry, exacerbating the information gap. He emphasized that investors should not underestimate Trump's profound impact on the crypto market; once his policy inclinations become clear, the crypto market may experience a stronger upward momentum.Regarding the industry's prospects, Sun Yuchen stated that cryptocurrencies are gradually forming influence globally and are continuously moving towards the mainstream at both policy and market levels, with their position in society and politics becoming increasingly important in the future.

ChainCatcher news, CocoCat partner Eric stated at the Token2049 Moonlit Yacht Bash event jointly hosted by CocoCat, WorldinShadow, and Secure3:"The Web3 industry has bid farewell to the early exploration stage and entered a critical turning point. To drive the continuous development of Web3, the key lies in the large-scale application landing, which will help activate the currently underutilized silent assets."Eric further emphasized that CocoCat is always committed to building a decentralized infrastructure network to support the widespread use of Web3 applications. Through the CocoApp framework, developers can easily convert Web3 applications into Bitcoin addresses and deploy them to the Cat network at nearly zero cost, achieving fully decentralized deployment and distribution. In addition, CocoCat's self-service protocol not only provides strong privacy protection for applications but also significantly reduces server-related costs.

ChainCatcher news, Hong Kong's DAB Legislative Council member Chan Chung-nee stated that he suggests the government improve the compliance and regulatory framework in the Web3 cryptocurrency sector to protect investors' rights and promote market fairness and transparency. By utilizing technologies such as big data and artificial intelligence for risk monitoring and early warning in the Web3 market, and establishing a Web3 industry committee to formulate industry norms and standards, as well as enhancing training for practitioners. "Regulation must be done well to prevent fraud, but we do not want the industry to be overly regulated; a balance must be achieved."