Japan Web3 Alliance to integrate 5,000 international companies into the Web3 ecosystem

TechFlow reports, on December 14, the Asian Web3 Alliance (AWAJ) in Japan unveiled an ambitious initiative at its first press conference, aiming to integrate over 5,000 global web3 companies into Japan and Asia's rapidly growing web3 ecosystem.

According to sources, AWAJ consists of 56 members and 16 subcommittees, including international members holding 70% of shares, ensuring diversity and a global perspective. Its 2024 strategy focuses on three key areas: launching the stablecoin subcommittee, global expansion, and a student exchange program.