Hong Kong Cyberport launches a HKD 500,000 Blockchain project grant to support Web3 innovation development

ForkMonger · 2025-06-26T07:18:28+00:00

Hong Kong Cyberport has launched the "Blockchain and Digital Asset Pilot Funding Scheme," providing up to HKD 500,000 in funding for impactful projects, with applications open until August 1. The program aims to promote innovation and industry development, supporting tokenization, stablecoins, and other areas. At the same time, Cyberport welcomes the Digital Asset Policy Declaration 2.0, which provides a regulatory framework for the industry. Currently, about 280 related companies have settled in.

ForkMonger

2025-06-26 07:18:28

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[Chain News] PANews, June 26, reported that Hong Kong Cyberport announced the launch of the “Blockchain and Digital Asset Pilot Funding Scheme” to provide funding for exemplary and high-impact blockchain and digital asset projects, promoting the implementation of innovative applications and the continuous development of the industry. Each eligible project can receive a maximum funding of 500,000 HKD, covering multiple areas such as tokenization, stablecoin, decentralized identifier, and Web3.0 security, with the application deadline set for August 1.

Cyberport also welcomes the Special Administrative Region Government’s release of the Digital Asset Policy Declaration 2.0, believing that this policy provides clear guidance and a regulatory framework for the industry, helping to promote the development of Hong Kong’s digital asset and Blockchain ecosystem. Currently, Cyberport has gathered about 280 blockchain and digital asset companies, including 3 unicorn companies.

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