Ever since Hong Kong legalized cryptocurrency trading last June, blockchain projects from the West have been paying more attention to the Asian financial hub. Aptos, the a16z- and Tiger Global-backed
During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn’t change was sourcing, say the founders of cross-border mar
Maple Finance, an on-chain, institutional credit marketplace that’s aspiring to fill a gap left behind by the collapses of crypto lending heavyweights like BlockFi and Celsius, has its sights se
In the crowded enterprise robotics space, the ability to secure key clients is a crucial differentiator for companies. In the case of Hong Kong–based Rice Robotics, the important order has come from
Brinc, the Hong Kong–based accelerator backed by investors like Animoca Brands, is launching a new program for fledgling climate tech startups. The three-month program is tailored for founders who a
While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. The Hong Kong Monetary
When an NFT series commemorating the handover of Hong Kong from the U.K. to China generated $260,000 in sales, Artifact Labs, the startup that launched the collection, saw the long-term potential of t
On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city’s inaugural web3 festival was underway. Most had flown in from mainland Ch
As the collapses of Signature Bank and Silvergate sent crypto companies scrambling, a virtual bank from Hong Kong is extending a warm welcome to web3 startups. Hong Kong-based ZA Bank is now allowed
While these developments are encouraging signs to some, others question whether the semi-autonomous region has the right conditions for building all forms of web3 organizations and businesses to thriv
Circle Ventures, the venture arm of the USDC issuer Circle, has invested in an offshore Chinese yuan-backed stablecoin project, CNHC. It’s hard to overlook the timing and strategic significance
Flex Yang, the former CEO and founder of Babel Finance, is leading efforts to restructure the now embattled crypto asset unicorn while introducing a new decentralized project with hopes to avoid some
As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, Hong Kong proposed rules t
Hong Kong has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds and plans to conduct pilots in NFT issuance and CBDC as it looks to regain its status as
WhatsApp is used by more than two billion around the world and is an important tool for many small businesses. But as they scale up, even WhatsApp for Business might not be able to keep up with their
Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumer
Ordinary Folk, a Singapore-based telehealth startup dedicated to men and women’s health issues, has raised $5 million in pre-Series A funding from Monk’s Hill Ventures. The funding will be used fo
Over the past two years, Asia’s retailers were forced to do virtual meetings instead of visiting in-person trade shows or conferences to source new brands and products due to the pandemic lockdowns.
I’ve visited Brinc’s headquarters the last few times I’ve been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization primary t
The International Digital Economy Academy (IDEA) quietly opened last year, perched among ultramodern office buildings on Shenzhen’s side of the river border with Hong Kong. While geographically
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