According to Foresight News, as reported by Cointelegraph, Hong Kong Cyberport, a government-owned and operated business hub, has seen significant growth in blockchain-related enterprises over the past 16 months. The center now hosts over 270 companies in this sector, with founders hailing from more than 20 countries and regions. These include not only Hong Kong and mainland China but also Japan, South Korea, the United States, Canada, Germany, the United Kingdom, and India.
A report from the Legislative Council highlights that Cyberport's Web3 companies are actively integrating blockchain technology into practical applications. These applications span various sectors such as smart living, digital entertainment, fintech, and network and data security. In addition, Cyberport is actively recruiting companies specializing in blockchain security, asset custody, and crypto wallets. This initiative aims to foster collaboration among the Web3 companies within its network, enhancing the overall ecosystem.