TechFlow, on November 4, according to Hong Kong media Oriental Daily, Meitu founder Michael Chai stated that Hong Kong was once the cradle—and even birthplace—of cryptocurrency, holding advantages in developing financial technology and ranking among the world's top three. The earliest cryptocurrency exchange was born in Hong Kong, and Binance initially expanded overseas into Hong Kong before later moving to Japan. As a place combining Eastern and Western elements with strengths in traditional finance, Hong Kong "certainly has many opportunities."
Earlier reports indicated that Michael Chai, Li Lin, Zhenpu Shen, and others are collaborating on plans to establish a $1 billion Ethereum treasury company.
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