Web3 – Charm – Daily News

Fosun drives up interest for Hong Kong stock performance-linked tokens on blockchains

Cs news1 week ago02 mins

A subsidiary of Fosun International this week marked a new milestone in bringing traditional financial instruments onto a blockchain infrastructure, which it touted as Asia’s first “comprehensive” technical solution for stock performance-linked tokens. Fosun Wealth Holdings-backed start-up Finloop Finance Technology Holding collaborated with FinChain, a Web3 brand under Fosun Wealth, in creating the new solution…

Hong Kong legal sector eyes film business role using smart contracts, blockchain

Cs news1 week ago02 mins

Hong Kong’s legal sector is taking an unprecedented leap into the world of Web3 and digital assets to revolutionise the city’s film and television industry in a bid to better track investments, with some massive losses incurred as a result of a lack of transparency. The bold new strategy, unveiled at a seminar on Thursday,…

Hong Kong-listed firms sharpen digital asset investment strategy amid rising crypto prices

Cs news1 week ago03 mins

A growing number of Hong Kong-listed firms are snapping up cryptocurrency on the back of rising bitcoin prices and the popularity of digital asset treasury (DAT) companies in the US. Investment bank China Renaissance, which helped fund many leading Chinese tech firms, and Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, are…

Hong Kong legal sector eyes film business role using smart contracts, blockchain

Cs news1 week ago02 mins

Hong Kong’s legal sector is taking an unprecedented leap into the world of Web3 and digital assets to revolutionise the city’s film and television industry in a bid to better track investments, with some massive losses incurred as a result of a lack of transparency. The bold new strategy, unveiled at a seminar on Thursday,…

Yunfeng Financial invests US$44 million in ether amid Hong Kong’s virtual asset push

Cs news1 week ago02 mins

Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, said it was investing in the cryptocurrency ether as part of its reserve assets, as the company expands into Web3 amid Hong Kong’s digital asset initiative. To date, Hong Kong-listed Yunfeng has invested US$44 million to acquire 10,000 ether for its “strategic reserve”, according…

Alpha Edge Media to Host Digital Asset Summit in Hong Kong 2025

Cs news3 weeks ago3 weeks ago020 mins

Alpha Edge Media, a subsidiary of Aether Holdings (NASDAQ: ATHR), will host the Alpha Edge Summit Hong Kong 2025 on August 27, 2025, during Bitcoin Asia Week. The exclusive, invitation-only event will be held at Cloud 39, The Henderson building in Hong Kong. The Summit, themed “Where…

Singapore’s crypto crackdown on unlicensed exchanges could drive liquidity to Hong Kong

Cs news2 months ago03 mins

Hong Kong could benefit from Singapore’s recent move to oust unlicensed cryptocurrency companies, according to analysts, potentially leading to a significant injection of liquidity. On May 30, the Monetary Authority of Singapore instructed cryptocurrency firms incorporated in the city and offering services abroad to acquire a licence or leave the country. Singapore’s central bank subsequently…

Ant Group’s tech unit picks Hong Kong for global headquarters amid AI, Web3 push

Cs news5 months ago02 mins

Ant Digital Technologies, the technology arm of Ant Group, has chosen Hong Kong for its international headquarters in a show of commitment to artificial intelligence (AI) and Web3 technologies, the unit announced on Tuesday. The subsidiary cited Hong Kong’s role as a “bridgehead” for its global strategy. The company plans to establish joint laboratories with…

Hong Kong lawmaker calls for support of city’s Web3 sector after Tron founder flags fraud

Cs news5 months ago03 mins

A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun denounced alleged “loopholes” in local financial regulations. Hong Kong had “a legal basis and a healthy environment” to protect international investors and the city’s Web3 sector, Legislative Council member Johnny Ng Kit-chong wrote on Thursday…

Hong Kong lawmaker calls for support of city’s Web3 sector after Tron founder flags fraud

Cs news5 months ago03 mins

A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun denounced alleged “loopholes” in local financial regulations. Hong Kong had “a legal basis and a healthy environment” to protect international investors and the city’s Web3 sector, Legislative Council member Johnny Ng Kit-chong wrote on Thursday…