In the Twitter Spaces event organized by Foresight News and Web3Hub around the Hong Kong Encryption New Deal with the theme "June 1, Hong Kong's "Encryption New Era"", Fiona Fan, a founding member of HKVAC, a virtual asset rating agency in Hong Kong, said that HKVAC is currently establishing the necessary The process and governance structure will officially launch the index in the next two months, and relevant documents and index operation procedures will be launched at that time. HKVAC will launch two indexes in the first phase, namely HKVAC Large Cryptocurrency Index (created), Risk Rating Cryptocurrency Index (under construction), and exchange ratings will also be launched. In addition, HKVAC will allocate funds for public education and industrial development. There is currently no profit target, and profit will not be the first priority in the future.