Neo, the open-source, community-driven platform where developers are building the Smart Economy, officially opened its Hong Kong office, expanding its presence in the emerging blockchain hub.
Located within Cyberport, Hong Kong’s leading digital tech and Web3 hub, the new office will be at the forefront of Neo’s drive to realize the Smart Economy and will serve as a base to support Hong Kong’s leading Web3 developer talent and promote investment in the region.
As part of the new office opening, Neo is joining the Cyberport Incubation Programme where it will avail of financial support alongside key networking support and opportunities.
Speaking at the opening of the new office, Da Hongfei, Founder of Neo and CEO of Neo Global Development said, “I’m thrilled to officially open this new office in Hong Kong, marking a significant step in our continued expansion across Asia and aligning our efforts with the already excellent work being done by the Hong Kong government authorities to solidify Hong Kong as a Web3 hub. Hong Kong’s position as a centre of innovation was exemplified by our recent highly successful APAC Hackathon, which showcased the finest in developer talent from right across Asia. Featuring events in five cities across the region, our prestigious celebration in Hong Kong was held in Cyberport in recognition of its critical role in fostering development of the Web3 sector. We are delighted to join the Cyberport Incubation Programme in recognition of our own role as a Web3 innovator, which will prove critical in our efforts to support local developer talent in Hong Kong.”
“Our mission has always been to discover and support local talent, and our new office now opens exciting doors for local developers to make global connections.”
Neo’s expansion into Hong Kong solidifies its presence within Asia’s booming Web3 ecosystem, promoting community growth and innovation. As countries across Asia have deployed new regulatory frameworks for the adoption of digital assets, Hong Kong has clearly emerged as a significant player in the new financial market. Neo is now adding to this drive where it will be forging relationships with local enterprises, universities and local talent, truly fostering a distributed Smart Economy network.
Neo’s inclusion within Web3 Hub@Cyberport, established as part of the Hong Kong government’s initiative to foster Web3 enterprises, will generate a cluster effect. By joining over 200 Web3 projects and enterprises in Cyberport’s ecosystem and utilizing the “Web3 Hub@Cyberport,” Neo aims to foster valuable industry connections. This move allows the team to collaborate closely with relevant stakeholders and innovative Web3 companies, contributing to the advancement of innovation and investment within the sector.
Given recent regulatory developments in the region, the spotlight is now shifting to Asia as a growing Web3 investment hub, something that has not gone unnoticed by Web3 companies from all over the world.