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Hong Kong’s Cyberport emerges as thriving hub for web3 companies

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Hong Kong’s Cyberport, the city’s flagship technology hub, has experienced remarkable growth over the past year, attracting more than 150 companies operating in the web3 space.  According to a June 18 blog post by Hong Kong Financial Secretary Paul Chan, Cyberport’s ecosystem currently houses over 1,900 community enterprises, with a cumulative financing figure surpassing 35.7 billion yuan ($4.98 billion). The hub’s remarkable success is further highlighted by its portfolio of over 480 intellectual property projects and its role in nurturing the growth of several prosperous ventures, including six “unicorns” that have emerged from within its community. You might also like: Hong Kong finance secretary says time is ripe to invest in web3 Prominent firms in the web3 space that have found a home at Cyberport include Hashkey Group, a licensed cryptocurrency exchange; Animoca Brands, a web3 venture capital and game developer; and Consensys...