TechFlow News, on April 14, the Huobi Night event, co-hosted by Huobi and TRON, was held in Hong Kong. Justin Sun, founder of TRON and member of Huobi Global Advisory Committee, stated at the event: "Huobi is actively expanding into Hong Kong's crypto market and is a key investor in Hong Kong's first Web3 ecosystem fund, encouraging and accelerating the development of Hong Kong's Web3 sector." He noted that the previous bear market and regulatory policies had suppressed the growth of the crypto market. With policies gradually relaxing, Hong Kong is bound to become the next global crypto hub, and the industry will reach unprecedented heights. However, for the crypto market, Hong Kong is merely the beginning—there is strong belief in the "rise of Eastern power."
It is reported that during the 2023 Hong Kong Web3 Carnival, Hong Kong Web3 Hub announced plans to launch the Hong Kong Web3.0 Ecosystem Fund, aiming to advance the development of Hong Kong's Web3.0 industry through capital investments.
