Hong Kong Cyberport established the "Web3.0 Investment Circle" to support the financing needs of the Web3.0 community

PANews reported on May 30 that according to official news, Hong Kong Cyberport announced the establishment of the "Web3.0 Investment Circle" (W3IC) under the "Cyberport Investor Network", aiming to establish an investor network exclusive to the Web3.0 field to promote investment in Web3.0 projects. Cyberport will promote the investor network for Web3.0 through W3IC and its synergy, provide market analysis of Web3.0 and other innovative technologies, help investors understand the market in a targeted manner, and communicate with start-ups to seize opportunities in emerging markets. Since the establishment of the "Cyberport Web3 Base", Cyberport has brought together about 230 companies engaged in Web3.0 from more than 15 countries and regions around the world.

Mr. Sin, Chairman of Cyberport Investor Network Strategy Group, said: “Web3.0 is a technological innovation with huge potential, and it has become the focus of many investors. The Cyberport Investor Network has always served as a compass to help start-ups and investors seize emerging opportunities. The SAR Government is committed to developing Hong Kong into a Web3.0 hub. Cyberport has the largest Web3.0 community in Hong Kong. As a strategic measure for Cyberport to promote the development of the Web3.0 ecosystem, I believe that the establishment of the ‘Web3.0 Investment Circle’ will be able to attract investment units more strategically, facilitate more investment matching, and discover more business opportunities. At the same time, it will promote the growth of decentralized and Blockchain technology projects and expand the influence of Hong Kong start-ups.”