Original author: flowie, ChainCatcher
Original author: flowie, ChainCatcherNet transmission"On June 1, it will be completely legal for Hong Kong residents to freely buy and sell cryptocurrencies"
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source:@0x KillTheWolf
source:Behind the skyrocketing heralds the migration of encryption investors' confidence.
Although the rumors of Hong Kong’s encryption policy mentioned above have been proven to be misleading, in fact, the encryption policy that will be implemented in Hong Kong on June 1 is the licensing system for virtual asset service providers.
However, in contrast to the US SEC's heavy blows to cryptocurrency exchange Kraken, BUSD issuer Paxos, and Binance, Hong Kong has continued to embrace Web3 since last year, allowing crypto investors to bet on Hong Kong and other eastern crypto-friendly regions.plus last week“Conflux Network announces partnership with China Telecom to pilot blockchain-enabled SIM cards in Hong Kong”, the gratifying rise in the price of Conflux currency has also contributed to a large extent
Hong Kong's concept currency and China's concept currency have become hot topics in the discussion of encrypted KOLs.today,Hong Kong SFCFormally launched a public consultation on the proposed requirements applicable to operators of virtual asset trading platforms. It is mentioned in the consultation document that licensed platforms will be allowed to provide qualified large-scale virtual assets to retail customers, including Bitcoin, Ethereum, etc. such a hot spot,, He said that Huobi Global has applied for a cryptocurrency trading license in Hong Kong, and will be able to expand its services and products to Hong Kong customers and provide a wider range of cryptocurrency trading and investment options. Additionally, Huobi will launch a new exchange, Huobi Hong Kong, in Hong Kong.
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"Brother Sun enters the arena" has become an important symbol of the intense development of the Hong Kong sector
However, it is worth noting that the concept of Hong Kong is not clear at present, and the leading logic of many so-called Hong Kong concept projects is also unclear. Crypto investors need to be vigilant against Ponzi schemes.Before the introduction of encryption policies in Hong Kong this year,ChainCatcher took inventory through the encrypted data platform RootDataAn important encryption project in Hong Kong
(The core business or team is mainly in Hong Kong), covering CeFi, DeFi, games/metaverse, infrastructure, tools and other fields.
CeFi
At present, there are more than 50 local encryption projects in Hong Kong, nearly half of which are distributed in the CeFi and CEX fields, and the second is mainly distributed in the game/metaverse field. This article briefly sorts out some important projects.
Founded in 2017, Amber Group is a digital asset platform that provides a full range of digital asset services covering investment, financing and trading, serving more than 1,000 institutional clients and individual investors around the world.
Financing: A total of 4 times of financing, with a total financing amount of 628 million US dollars. Major investors include Fenbushi Capital, Tiger Global, Coinbase Ventures, Pantera Capital, Sequoia China, etc.
Founded in 2018, Babel Finance is a global encrypted financial institution dedicated to providing professional encrypted financial services to global high-net-worth individuals and institutional clients. Its business includes encrypted currency lending, asset management, prime brokerage, private banking, mining services, investments, etc.
Financing: Undisclosed
Founded in 2018, Hex Trust is a licensed and insured provider of bank-grade digital asset custody. Through its proprietary platform, Hex Safe, Hex Trust provides custody, DeFi, brokerage and financing solutions to financial institutions, digital asset organisations, corporates and private clients. Hex Trust has offices in Singapore, Hong Kong, Dubai, Italy and Vietnam.
5、CoinFLEXFinancing: Accumulated 2 rounds of financing, with a total financing amount of 94 million US dollars. The main investors include Animoca Brands, HashKey Capital, Protocol Labs, Fenbushi Capital, Wintermute, etc.
(Token: FLEX )
Founded in 2019, CoinFLEX provides a platform for institutional and retail investors to earn and trade cryptocurrencies. CoinFLEX's innovative solutions such as flexUSD (an interest-earning stablecoin) and AMM+ (a capital-efficient automated market maker) connect investors and crypto markets through intuitive yield products, and Coinflex also operates a Consensus BCH side chain SmartBCH.
Market Cap: $111,012,771
Financing: A total of 3 times of financing, with a total financing amount of 11.25 million US dollars, the main investors are Dragonfly, Fenbushi Capital, Polychain, NGC Capital, etc.
Founded in 2018, HashKey Group is an end-to-end digital asset financial services group in Asia, providing new investment opportunities and solutions for institutions, family offices, funds and professional investors in the digital asset and blockchain ecosystem. The group provides a complete ecosystem across the digital asset space, from venture capital to custody, technology and trading. The group operates in Hong Kong, Singapore and Japan, and has established partnerships with fintech and blockchain solution providers, academic institutions and associations.
Its projects include multi-chain DID wallet HashKey Me, Web3 identity data aggregator HashKey DID, and HashKey Capital, which focuses on blockchain investment.
Xinhuo Technology
Xinhuo Technology (formerly Huobi Technology) is a Hong Kong-listed company with a stock code of 1611.HK. Du Jun, the co-founder of Huobi, serves as the CEO. Based on compliance and security, Xinhuo Technology is committed to leading the development of digital asset compliance and using Web 3.0 technology to create inclusive value for society. By building a blockchain and virtual asset ecosystem, Xinhuo Technology is committed to becoming a compliant and secure one-stop virtual asset service platform.
Financing: Listed
Founded in 2017, Skynet Trading is a trading and investment company in the digital asset market. Has invested in nearly 20 projects such as Secret Network, zkLink, and Clearpool.
DeFi
10、MANTRAFinancing: Accumulated 2 times of financing, with a total financing amount of USD 1.8 million. The main investors include Huobi Ventures, NGC Capital, Hashed, etc.
(Token: OM)
MANTRA (formerly MANTRA DAO), established in 2020, is a vertically integrated and compliant blockchain ecosystem. MANTRA OMniverse consists of MANTRA Node: a blockchain infrastructure-as-a-service business including retail staking, institutional delegation, node management, and white-label validator operations; MANTRA Chain: a protocol for regulated assets in the Cosmos ecosystem; and MANTRA Finance: a A globally regulated DeFi platform.
MANTRA is currently listed on three chains: Ethereum, BNB Chain, and Polygon.
Market Cap: $27,363,027
11、Wombat ExchangeFinancing: A total of 1 financing, the financing amount is not disclosed, the main investors are LD Capital, Waterdrop Capital, GenBlock Capital, etc.
(Token: WOM)
Founded in 2021, Wombat Exchange is a multi-chain stablecoin exchange with an open liquidity pool, low slippage, and one-sided staking.
Market Cap: $7,187,178
NFT
12、Ucollex
Financing: A total of 2 rounds of financing, with a total financing amount of 5.2 million US dollars, the main investors are Shima Capital*, Jump Crypto, Wormhole, etc.
Founded in 2021, Ucollex focuses on an NFT platform for art and pop culture collectibles. The platform does not require buyers to have a digital wallet and offers exclusive content, artist interviews, 3D art and virtual reality experiences.
13、BNV.ME
Financing: A total of 1 round of financing, with a total financing amount of 10 million US dollars, jointly led by Animoca Brands and MCP IPX One Fund under the Japanese investment company MCP Asset Management.
Founded in 2021, BNV.ME is a fashion NFT sales platform that brings fashion to Web3.0 through 3D product creation, NFT sales and future wearables. BNV aims to be a gateway for fashion brands and designers into the virtual world.
14、MADworldFinancing: Accumulated 1 round of financing, with a total financing amount of 4 million US dollars. The main investors include Animoca Brands, Sparkle Ventures, ArkStream Capital, etc.
(Token: UMAD)
Founded in 2021, MADworld provides an NFT origination platform and NFT marketplace that use blockchain technology to secure access to artists, artwork, creators and content that have not traversed the multiverse. MADworld supports NFT minting to verify ownership and provenance of physical art, collectibles and products, as well as original content developed from live concerts, sporting events, artist duels and other means of creative expression. MADworld aims to give creators full control over their NFT strategy, supporting them by permanently maximizing the revenue and impact of their IP.
Market Cap: $4,150,619
Financing: Accumulated 1 round of financing, the total amount of financing is 6 million US dollars, the main investors are Animoca Brands,
Master Ventures, Avatar Ventures, Chiron Partners, etc.
Games/Metaverse
Animoca Brands was founded by Yat Siu in 2014. It is a Web3 game software company and venture capital company with a portfolio of more than 380. It is one of the blockchain game investment giants.
Animoca Brands aims to provide digital property rights to gamers and Internet users around the world, thereby creating a new asset class, an economy that makes money through games, and a fairer digital framework, contributing to the construction of an open metaworld. It has subsidiaries such as The Sandbox, Blowfish Studios, Quidd, and GAMEE.
16、The SandboxFinancing: Accumulated 10 rounds of financing, with a total financing amount of US$758 million. Major investors include Sequoia China, Liberty City Ventures, Dragonfly, 10 T Holdings, HashKey Capital, Coinbase Ventures, Huobi Ventures, etc.
(Token: SAND)
Founded in 2012, The Sandbox is one of the leading metaverse concept projects. It is a decentralized, community-driven game ecosystem where creators can share and monetize voxel assets and game experiences on Ethereum.
Market Cap: $1,205,666,592
17、MOBOXFinancing: A total of 2 rounds of financing, with a total financing amount of 95.1 million US dollars, the main investors are Softbank Vision Fund, Animoca Brands, Blue Pool Capital, Polygon Labs, Liberty City Ventures, Samsung Next, etc.
(Token: MBOX)
Founded in 2020, MOBOX is a game metaverse on BNB Chain, which combines auto-optimized DeFi revenue mining and game NFTs to create a GameFi metaverse called MOMOverse.
Market Cap: $104,618,934
18、KingdomverseFinancing: A total of 2 rounds of financing, the financing amount is not disclosed, investors include Animoca Brands, Binance Labs.
(Token: KING)
Financing: Accumulative financing 1 times, the total amount of financing is 3.6 million US dollars.
infrastructure
19、DTTD
infrastructure
Financing: Accumulated 1 financing, with a total financing amount of 2 million US dollars, invested by Animoca Brands.
tool
20、Sprout
tool
Founded in 2019, Sprout provides equity and token management solutions that help companies manage equity, employee stock option plans (ESOPs), tokens, fundraising, and investors in real-time on one platform that enables teams to design launches and track Stock options and token vesting. Sprout's Folium product enables organizations to track and manage all relevant wallet transactions and token investments on any blockchain.
Financing: A total of 2 times of financing, with a total financing amount of 3 million US dollars, the main investors are Sequoia India, Old Fashion Research, etc.
An active Web3 investment institution in Hong Kong
In addition to the above 20 local encryption projects in Hong Kong, there are also active Web3 investment institutions in Hong Kong such as HashKey Capital, EVG, Alliance DAO, Newman Capital, Master Ventures, and Antalpha Ventures.
Among them, HashKey Capital, which was established in 2018, has invested 219 times so far, and has made 55 shots in the past year, occupying the Top 5 most active investment institutions in Web3 in the past year. Its investment fields mainly cover infrastructure, DeFi, CeFi and other fields. Representative projects include Animoca Brands, Aztec Network, Celestia, Blockdaemon, Mina, etc.
The Spartan Group, which was also established in 2018, is also very active. So far, it has invested 151 times in total, and has made 49 shots in the past year, mainly covering DeFi, infrastructure, games and other fields. Representative projects include Animoca Brands, BitDAO, Celestia, ConsenSys , Polygon, Sui, etc.
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