Founders take note: Between subsidies, licensing, and rising market confidence, Hong Kong might be your next move.

Office Demand Signals Confidence

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.

Up to HK$500K for Web3 Startups

To fuel further innovation, Cyberport Hong Kong has launched the Blockchain & Web3 Pilot Subsidy Scheme — offering eligible projects up to HK$500,000 per application, with funding covering up to 80% of total project costs (and up to 3 projects per company).

Application Deadline: June 18 – August 1, 2025

This program encourages real-world testing of Web3 solutions in partnership with corporate sponsors.

Learn more: https://www.cyberport.hk/en/entrepreneurship/web3_pilot_scheme/

Stronger Regulations, Rising Confidence

The regulatory side is evolving just as rapidly: 10 virtual asset trading platforms have received licenses under Hong Kong’s VASP regime, with 8 more under review. On top of that, Hong Kong is one of the first jurisdictions to introduce a statutory framework for stablecoins. Paul Chan also projected that the number of family offices could grow from 2,700 to 3,000, with Hong Kong on track to become the world’s top cross-border asset management hub within 2–3 years.

With rising market activity, robust capital inflow, and clear policy direction — Web3 in Hong Kong is shifting from potential to execution.

But here’s the question:

Can regulatory clarity and government support truly give Hong Kong a competitive edge?

For founders — what matters most: licensing, funding, or ecosystem?