KEYTAKEAWAYS
- SFC Issues Virtual Asset Trading Platform License to New York's Bullish
- Hong Kong's Cyberport Blockchain Enterprises Exceed 270
- UniSat, Meshchain AI, Pudgy Penguins and other projects attract attention
- Hong Kong's SFC unveiled a new roadmap featuring 12 initiatives aimed at creating a "future-facing" Hong Kong virtual asset ecosystem
CONTENT
From February 18 to 20, 2025, the premier global blockchain and Web3 event—Consensus Hong Kong 2025—was successfully held at the Hong Kong Convention and Exhibition Centre (HKCEC). The conference explored cutting-edge topics such as blockchain, artificial intelligence (AI), giving rise to numerous promising projects. Hong Kong is also striving to compete for “global liquidity” in the virtual asset industry.
HONG KONG’S SFC ISSUES FIRST LICENSE TO INTERNATIONAL CRYPTOCURRENCY EXCHANGE
Hong Kong’s Securities and Futures Commission (SFC) on Tuesday issued a virtual asset trading platform license to New York-headquartered Bullish, making it the first international cryptocurrency exchange to receive this license in Hong Kong. This move marks a significant advancement in Hong Kong’s cryptocurrency regulation and further solidifies its position as a global crypto hub. SFC Chief Executive Julia Leung stated during a panel discussion: “We need to think about how to provide a regulatory framework that facilitates growth to allow responsible innovation… and tap into global liquidity.”
Coinciding with the Consensus conference, the SFC unveiled a new roadmap featuring 12 initiatives aimed at creating a “future-facing” Hong Kong virtual asset ecosystem. Under this framework, Hong Kong aims to expand product offerings, serve as a bridge to traditional finance, and “attract global platforms, order flow, and liquidity providers.”
FOCUS: PROMISING PROJECTS AT CONSENSUS HONG KONG 2025
At the Consensus Hong Kong 2025 conference, several promising projects garnered significant attention. Below is a brief introduction to some of the highlighted projects and their advantages or potential:
UniSat: UniSat is an innovative project focused on the Bitcoin ecosystem, dedicated to developing and promoting Bitcoin Layer-2 solutions and Ordinals technology, driving the widespread application of Bitcoin in fintech and decentralized applications. UniSat is enhancing the scalability and functionality of the Bitcoin network through technological innovation.
Bluwhale AI: Bluwhale AI is the intelligence layer (L3) for Web3 – transforming users’ data and mobile devices into their most valuable assets by supporting on-chain AI agents and models using $BLUAI. Bluwhale is not just an AI protocol; it’s a decentralized approach to personalized digital interaction. You can think of it as a shared brain where applications learn from aggregated user data, collectively becoming smarter.
Meshchain AI: Meshchain AI‘s vision for blockchain artificial intelligence is to connect DePin and Web3, creating a smarter future. MeshChain provides customized computing power, expert solutions, and scalable resources aimed at driving AI innovation. Building a decentralized network of shared computing power, MeshChain enables businesses, developers, and gamers to access scalable computing resources by leveraging distributed resources, promoting innovation, efficiency, and growth in AI training, inference, and gaming. MeshNode – a breakthrough DePin AI device that revolutionizes decentralized computing.
Pudgy Penguins: Pudgy Penguins is a well-known NFT project that has attracted significant attention for its unique cultural value and economic potential. Pudgy Penguins is a global IP focused on proliferating the penguin, memetic culture, and good vibes.
EasyA: EasyA is a blockchain education platform dedicated to nurturing the next generation of blockchain developers and innovators. Its potential lies in promoting the popularization and application of blockchain technology through education and technical training. In the next 10 years, our goal is to bring the next billion developers into Web3.
mini: $MINI is a “cat coin” with this emoji having abundant existing media resources and merchandise, combining cuteness and versatility.mini has a MEM cultural slogan: “We are small, but our dreams are big.”
Teneo Protocol: Teneo‘s mission is to bridge the gap between the physical and digital worlds, creating a robust data ecosystem that supports decentralized infrastructure, AI development, and a wide range of products and applications. It leverages the power of DePIN to break down data access barriers and unlock high-value data.
Bitbot: Bitbot is the first non-custodial AI meme trading terminal on Telegram, already deployed on Base, BSC, SOL, and ETH chains. This decentralized trading platform aims to provide efficient and secure cryptocurrency trading services. Its advantage lies in leveraging technological innovation to enhance the user experience and security of the trading platform.
Alchemy Pay: Alchemy Pay is a payment solution provider dedicated to promoting the application of cryptocurrencies in traditional payment fields. Its potential lies in enhancing cryptocurrency circulation and acceptability through innovative payment technologies. Alchemy Pay connects fiat and cryptocurrency global economies, allowing your users to buy and sell digital assets using fiat currencies on your platform.
MANTRA: MANTRA is a purpose-built RWA Layer 1 blockchain capable of complying with real-world regulatory requirements. It brings the global financial ecosystem on-chain, committed to enhancing users’ asset management and investment experience through innovative financial products and services.
HONG KONG’S CYBERPORT BLOCKCHAIN ENTERPRISES EXCEED 270
Hong Kong Financial Secretary Paul Chan stated at the “Consensus Hong Kong 2025″ conference that Hong Kong’s Cyberport has gathered over 270 blockchain enterprises, with more than 120 added in the past 17 months. As the Web3 ecosystem continues to develop, Hong Kong will maintain a stable, open, and vibrant digital asset market. Hong Kong is heavily investing in related infrastructure and talent development.
The successful hosting of Consensus Hong Kong 2025 not only showcases Hong Kong’s attractiveness as a global crypto hub but also further strengthens its leading position in the cryptocurrency field. With its mature financial infrastructure, clear regulatory framework, and open market environment, Hong Kong is becoming the preferred destination for global crypto enterprises and investors. We also look forward to more promising Web3 enterprises emerging in Hong Kong.
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