TechFlow news, businesses under the Web3 group Newman Group, including Hong Kong-based Web3 venture capital firm Newman Capital, have announced a strategic investment in Conflux Network. Leveraging its Web3 expertise and resources, the group aims to support Conflux in developing technological solutions to enable broader blockchain adoption among enterprises in Hong Kong.
In 2023, Conflux expanded its operations to Hong Kong, establishing its headquarters at Cyberport and becoming a Cyberport incubatee. Through this strategic investment, Newman Group and Conflux will work together to provide consulting services and develop strategies, processes, and technical infrastructure for enterprises in Hong Kong, fostering robust growth of the Web3 industry within the region.
