According to Foresight News, the public chain project Lollipop Labs announced that it has joined the Hong Kong Cyberport Incubator Program. Lollipop Labs will benefit from Hong Kong Cyberport’s financial support as well as key network support and opportunities, and will move into the office space provided by Cyberport.

Lollipop Labs aims to provide solutions to the existing Web3 token liquidity problem and help Hong Kong become an important hub connecting traditional financial markets and emerging digital economies. It said it will invest resources in promoting the further development of public chains and is committed to promoting innovation in blockchain technology in Hong Kong.