Hong Kong Cyberport: Blockchain and Digital Asset Pilot Funding Program has approved 9 projects and will submit recommendations to the Hong Kong government in February next year


Zheng Songyan, CEO of Hong Kong Cyberport, said that the blockchain and digital asset pilot funding program has approved 9 pilot projects out of more than 200 applications received, covering areas such as tokenization of real world assets (RWA), payments and stablecoins, security, etc. The testing will be conducted in the next 3 months, and the cases will be showcased at a large event at the end of the year. After summarizing the testing experience, the plan is to submit relevant suggestions to the Hong Kong government and industry for reference in February next year.