Tag: Market Insight

FTX Compensation Crisis: Chinese Users Face Risk of Losing Claims
FTX creditor representative Sunil recently shared updates on social media, revealing that out of an estimated $11 billion in total claims, around $470 million belong to restricted jurisdictions. Among these, Chinese investors hold the largest share, with $380 million in claims—accounting for 82% of the restricted total—making this one of the most critical issues in the ongoing liquidation.
Web3 Momentum in Hong Kong: Office Demand, Startup Grants, and a Clear Regulatory Path
Hong Kong’s Financial Secretary Paul Chan recently highlighted a surge in demand from Web3 companies for office space — including a full commercial building purchased in Tin Hau as a dedicated Web3 ecosystem hub. As of Q1 2025, Hong Kong recorded 976 registered funds and over US$44 billion in net capital inflows, marking a 285% YoY growth. Meanwhile, government-backed tech hubs Cyberport and Science Park now support 22 listed firms and 20 unicorns, adding further momentum.