Neo has officially opened its Hong Kong office, located in Cyberport, the region's digital technology and Web3 hub. The move is part of Neo's strategic expansion in the emerging blockchain hub, positioning itself to drive progress towards the smart economy. The office will serve as a base to support local Web3 developer talent and drive investment in the region. As a participant in Cyberport's incubation program, Neo will benefit from financial support and networking opportunities.
Da Hongfei, founder of Neo and CEO of Neo Global Development, emphasized the importance of the new office in line with the Hong Kong government's efforts to establish the city as a Web3 hub. Neo's participation in the Cyberport Incubation Program reflects its role as a Web3 innovator and aims to support local developer talent.
Neo's expansion into Hong Kong strengthens its presence in Asia's Web3 ecosystem, contributing to the community's growth and innovation. With Hong Kong emerging as a key player in the adoption of digital assets, Neo is poised to build relationships with local enterprises, universities and talent, fostering a distributed smart economy network.
As part of the Web3 Hub@Cyberport, initiated by the Hong Kong government, Neo aims to leverage the cluster effect by collaborating with over 200 Web3 projects and companies in the Cyberport ecosystem. This strategic move allows Neo to connect with relevant stakeholders and innovative Web3 companies, contributing to innovation and investment in the sector.
With recent regulatory developments in the region, Asia is gaining prominence as a Web3 investment hub, attracting the attention of Web3 companies worldwide. Neo's expansion aligns with the evolving environment and positions itself to capitalize on the growing interest in Web3 investment in Asia.