Cyberport welcomes the HKSAR Government's Digital Asset Policy Declaration 2.0 and the launch of the 'Blockchain and Digital Asset Pilot Funding Scheme' to support industry development

Hong Kong, June 26, 2025 - Cyberport welcomes the digital asset policy declaration issued by the HKSAR government today, which provides clear policy guidance and a comprehensive regulatory framework for the digital asset industry, helping to promote the healthy and orderly development of the sector. The declaration also affirms Cyberport's positive contributions in areas such as startup incubation and ecosystem development, including business matching, technical support, and talent cultivation, vigorously promoting the development of Hong Kong's digital asset and blockchain sectors. To further promote the application of tokenization and blockchain technology, Cyberport now simultaneously announces the launch of the 'Blockchain and Digital Asset Pilot Funding Scheme' (hereinafter referred to as the 'Scheme'), which provides funding for exemplary and high-impact projects with benchmark potential, driving innovative application practices and promoting the sustainable development of the industry.

Secretary for Financial Services and the Treasury, Christopher Hui stated: "The government is committed to consolidating Hong Kong's position as an international financial center. We are actively establishing a forward-looking and robust regulatory framework for digital assets, while also appreciating Cyberport's efforts in promoting digital finance, particularly through startup incubation, the Blockchain and Digital Asset Pilot Scheme, and industry collaboration, fully supporting the innovation and practical trials of digital assets and blockchain. We look forward to continuing to work with Cyberport and the industry to promote the sustainable development of Hong Kong's financial and digital economy."

Dr. George Lam, CEO of Cyberport, stated: "The second policy declaration on digital asset development issued by the HKSAR government clarifies that the government is actively embracing innovative technologies. Cyberport will continue to align with government policies and work with the industry and regulatory bodies to comprehensively promote the development of Hong Kong's blockchain and digital asset ecosystem, facilitating the digital economy and strengthening local economic resilience. We hope that the 'Blockchain and Digital Asset Pilot Funding Scheme' will promote the innovative application of digital assets while also enhancing the industry's awareness of digital asset governance and security."

The 'Blockchain and Digital Asset Pilot Funding Scheme' launched by Cyberport is now accepting applications, providing funding support and real application scenarios for startups in related fields, aimed at supporting and encouraging the testing and practical implementation of innovative solutions, supporting applications that are exemplary and high-impact, and have the potential to become future benchmark cases, promoting the development of Hong Kong's blockchain and digital asset ecosystem. The scheme will provide funding support at various stages of development to test high-impact blockchain and digital asset solutions. Each eligible pilot project can receive 80% funding, with a maximum funding amount of HKD 500,000.

The scheme covers multiple areas, including Real-World Assets (RWA) tokenization, stablecoins and payment solutions, decentralized identity, Web3.0 security, distributed artificial intelligence (AI)/machine learning (ML), as well as social innovation and digital experience. Companies need to partner with a sizable institution as their sponsor to demonstrate that their pilot project has a high potential for commercialization.

Applicants must be companies or research institutions registered and operating in Hong Kong and must meet the relevant application eligibility criteria. The proposal must have a direct connection to recognized Web3.0 fields and must address actual problems faced by relevant institutions in Hong Kong, proposing innovative and market-unavailable solutions.

Funding will be disbursed in two phases, with the first phase being the startup funding, and the final phase of funding being disbursed after the pilot testing is completed and confirmed by the sponsoring institution. The application period for the scheme ends on August 1.

Cyberport currently houses approximately 280 blockchain and digital asset companies, including 3 unicorns, with founders from 19 countries and regions, making it the largest blockchain and digital asset community in the region, covering various fields such as smart living, digital entertainment, fintech, and cybersecurity. Through this scheme and other support projects, Cyberport provides comprehensive support for blockchain and digital asset startups and continues to hold exchange activities to promote industry development. In the future, Cyberport will continue to cultivate talent, enhance public awareness of blockchain and digital assets, and accelerate the development of the local ecosystem.

Interested institutions or companies can visit the 'Blockchain and Digital Asset Pilot Funding Scheme' page for more details.

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About Cyberport Hong Kong

Cyberport is wholly owned by the Hong Kong SAR government and serves as Hong Kong's digital technology hub and artificial intelligence accelerator, dedicated to empowering the digital and intelligent transformation of industries, promoting the development of Hong Kong's digital economy and artificial intelligence, and helping Hong Kong become an international center for artificial intelligence and innovative technology. Cyberport houses over 2,200 companies, including 5 listed companies and 7 unicorns; one-third of the companies in the park have founders from 26 countries and regions, and Cyberport companies have expanded to over 35 markets globally.

Cyberport, with the largest AI supercomputing center and AI laboratory in Hong Kong as its core engine, collaborates with several industry-leading companies and around 400 AI and data science startups to build a comprehensive AI ecosystem. Cyberport also empowers diverse industry development through the development of technology clusters in AI, data science, blockchain, and cybersecurity, covering smart cities and government services, banking and finance, digital entertainment, cultural tourism, healthcare, education and training, property management, construction engineering, transportation logistics, and green environmental protection, and gathers Hong Kong's largest fintech community. Cyberport has also been commissioned by the HKSAR government to implement proof-of-concept and sandbox programs, digital technology application funding, industry technology training, and startup incubation, promoting technological innovation R&D, transformation, and commercialization, accelerating the digital transformation and intelligent upgrading of the social and industrial sectors.

Cyberport is also a major startup incubation base in Hong Kong, providing entrepreneurs with funding and office space, connecting a vast network of large enterprises, investors, technology companies, and professional services, accelerating business development and expanding domestic and international markets, complemented by comprehensive support services for residents, talent introduction and cultivation programs, helping startups at different stages of development reach new heights and achieve excellence.