Hong Kong is eyeing the DeFi and metaverse pie, folks! 🥧 Recent government-backed studies reveal these technologies as a golden ticket to boost the region's global fintech standing. DeFi, the shy kid in the crypto class, has grown from a $6 billion market cap in 2021 to a whopping $80 billion in 2023! That's a growth spurt even a beanstalk would envy.

Meanwhile, the metaverse is playing hard to get. Despite high interest, local financial institutions are only moderately engaged. But hey, love is a slow dance, right?

Despite some mixed feelings, Hong Kong's fintech businesses are not backing down from metaverse-related developments. So, watch this space, because Hong Kong might just be the next big player in the DeFi and metaverse game!