web3.0

Hong Kong fintech group WeLab announced the completion of a $220 million (approximately over HKD 1.7 billion) Series D strategic financing, led by HSBC, with participation from Prudential Hong Kong, Fubon Bank (Hong Kong), Hong Kong Investment Company (HKIC), TOM Group, and Allianz Group.WeLab is one of the eight digital banks in Hong Kong and a founding member of the Hong Kong Web3 Association. In 2023, it received $260 million in asset financing from Citibank.

ChainCatcher news, according to the Hong Kong Stock Exchange announcement, Hong Kong listed company Yili Holdings announced that its wholly-owned subsidiary Yili Graphite Limited and Goldpay Limited signed a cooperation agreement on October 10, 2025, to issue a utility blockchain voucher (code 76 or V76) on Ethereum, primarily for its subsidiary, with a maximum supply of 1 billion pieces. It will be listed on cryptocurrency exchanges immediately after issuance, allowing for 24-hour trading against mainstream stablecoins.Earlier news, Yili Holdings announced in July this year the issuance of nearly HKD 20 million convertible bonds for Web3 development.

ChainCatcher News: The Beijing Blockchain Technology Application Association announced that Zhongke Jincai has officially become a council member of the Hong Kong Web3.0 Standardization Association. According to the information, the Hong Kong Web3.0 Standardization Association is a technical organization conducting standardization research in the Web3.0 field, aiming to promote the high-quality development of the global Web3.0 industry through standardization.

ChainCatcher news, according to Zhitong Finance, as the only strategic partner of the Hong Kong Web3.0 Standardization Association in mainland China, Shenzhen Longgang District Data Co., Ltd. has signed a strategic cooperation agreement with the association and will deeply participate in the ecological construction of the world's first RWA asset registration platform, which will be launched in Hong Kong on August 7.Both parties plan to jointly build a cross-border data compliance recognition mechanism, creating a full-cycle service platform covering asset confirmation, trusted storage, and compliant circulation. Relying on "Shenzhen's industrial foundation + Hong Kong's international hub," they will explore the model of "mainland asset digitization, Hong Kong digital financialization, and global circulation compliance," supporting the domestic and international dual circulation.

ChainCatcher news, the Hong Kong Web3.0 Standardization Association has announced that StoneLink Limited has officially become a member of its council.It is reported that the Hong Kong Web3.0 Standardization Association, as the core organization promoting the standardized development of the Hong Kong Web3.0 industry, has gathered well-known institutions in the industry such as HashKey Group, OKLink, JD Coin Chain Technology, and NetEase to serve as the chairman and vice-chairman units. The association has always aimed to "promote the healthy development of technology, applications, and industries through standardization," and continues to work on formulating industry standards, building industry consensus, and improving compliance and regulatory frameworks.StoneLink stated that it will fully leverage its technological and experiential advantages in virtual asset compliance custody, RWA tokenization, stablecoin mechanisms, and blockchain infrastructure, actively participating in the association's standard-setting and industry promotion efforts, and helping Hong Kong build an internationally leading Web3 compliance and innovation ecosystem.

Guoxiong Capital Co., Ltd. announced today that it will fully enter the Web 3.0 and cryptocurrency asset fields. Guoxiong Capital Chairman Yao Shangkun stated that he is optimistic about the long-term strategic value of Bitcoin and crypto assets, believing that this field aligns with global financial development trends and holds tremendous growth potential. The company has been approved for a special budget of 200 million yuan to develop related businesses and invest in crypto assets over the next three years.According to public information, Guoxiong Capital Co., Ltd. was established on September 24, 2019, and is headquartered in Huangdao District, Qingdao City, Shandong Province. It is a venture capital institution focused on high-tech industry investments. As of 2024, the company manages a fund size of 2.87 billion yuan, focusing on emerging fields such as artificial intelligence, blockchain, biomedicine, and new energy.

ChainCatcher news, according to the Hong Kong Stock Exchange announcement, the board of directors of Huaxing Capital Holdings has resolved to enter the Web3.0 and cryptocurrency asset fields, and approved a budget of $100 million, which is planned to be used for the group's development of Web3.0 business and investment in cryptocurrency assets over the next two years.The announcement stated that the group will increase its investment in stablecoins, RWA (real-world assets), and the cryptocurrency ecosystem based on successful investments in Circle Internet Group and several cryptocurrency companies' IPOs and multiple rounds of financing, and will actively promote the application and upgrade of relevant business licenses.

ChainCatcher news, the global AI×Web3.0×cross-border e-commerce integration event "Nexus 2140" will be held on June 21-22, 2025, at the Goyang International Exhibition Center in South Korea. The South Korean government, in collaboration with over 400 global tech companies, 150+ venture capital firms, and 3000+ industry leaders, will jointly explore new paradigms of digital commerce.The event will feature deep collisions in three major areas: AI technology applications, Web3.0 decentralized ecosystems, and full-link integration of e-commerce innovation. Leveraging South Korea's Web3.0 policy pilot zone and K-pop cultural advantages, it aims to create a tech carnival with tens of thousands of participants—top concerts featuring aespa, ITZY, and others will attract 80 million fans, while the metaverse exhibition area, AI interactive devices, and Web3.0 e-commerce real-world demos will build an immersive future experience. Over 150 investment institutions will be on-site to tap into the trillion-dollar market and discover potential unicorns.

ChainCatcher news, at the "Web3 Future Night" gala held during the Hong Kong Web3 Carnival, Uweb founder and president Yu Jianing delivered a keynote speech on "Key Trends and Outlook for Web3.0 in 2025." He stated that the current Web3.0 is experiencing regression phenomena such as increased centralization, declining project quality, and weak capital inflows.He pointed out that from 2024 to 2030, Web3.0 digital assets will evolve along "two main lines": one is the market capitalization growth of individual assets driven by spot ETFs (vertical uplift), and the other is the expansion of asset pools driven by RWA tokenization (horizontal expansion). Compliance is key for mainstream institutions to enter the market.In addition, he also predicted that the Web3.0 industry will welcome nine major trends in 2025, including crypto-friendly policies driven by the Trump administration, widespread adoption of Bitcoin as a reserve asset, expansion of the RWA market, Hong Kong leading the compliance wave, explosive growth of Web3 AI Agent applications, continuous growth of the Meme ecosystem, Layer1/Layer2 reshaping on-chain logic, simplification of development experience through chain abstraction, and the Bitcoin ecosystem moving towards a new era of programmability and staking economy.