Odaily Planet Daily News Ren Jingxin, JP, Chief Executive Officer of Hong Kong Cyberport, spoke at the "Hong Kong Encrypted Finance Summer Forum", describing in detail the current status and future plans of Cyberport and Hong Kong in the development of Web 3.0 and virtual assets.
Ren Jingxin mentioned that the government has introduced a series of measures to support the development of Web 3.0 in the past, from the declaration of the virtual asset policy to the licensing system of the new virtual asset trading platform, these initiatives have successfully attracted many external Web 3.0 company to Hong Kong.
He also mentioned that due to the characteristics of one country, two systems, some financial technology companies related to Web 3.0 in the Mainland also choose to develop in Hong Kong and then further expand to the international market.
Finally, he mentioned that Hong Kong has more than 40 investment funds focusing on Web 3.0, with a total amount of more than 4 billion US dollars, showing Hong Kong's strong strength in the field of Web 3.0 investment. Ren Jingxin said that this is just the beginning, and he looks forward to seeing more integration and application of the real economy and blockchain technology in the future.