According to Odaily, Adrian Cheng, the eldest son of the third generation of the Cheng family from Chow Tai Fook, expressed confidence in Hong Kong's readiness to spearhead the development of cross-border blockchain infrastructure and ecosystems in the region. Cheng made these remarks while attending the Consensus Hong Kong conference. Last month, the Hong Kong Financial Services Development Council reappointed Cheng as the Chairman of the Board of the Hong Kong Institute of Wealth Inheritance. Additionally, he mentioned that ARTA-Emali HK, under his personal holding company, Yu Cheng Kejin, has participated in the Hong Kong Monetary Authority's Ensemble project sandbox, which was launched in August of last year.