Cyberport Hong Kong, a technology business park backed by the Hong Kong government, has attracted more than 150 Web 3.0 companies in the past year, according to the city's financial secretary, Paul Chan ๐Ÿ‡ญ๐Ÿ‡ฐ

๐Ÿš€ Chan said he had allocated HK$50 million (US$6.39 million) specifically for Cyberport to attract Web3 companies and encourage the development of the technology.

๐Ÿš€ Cyberport currently has more than 1,900 digital technology companies operating or registered there, including Hashkey Group, a licensed cryptocurrency exchange; Animoca Brands, venture capital and Web3 games developer; and Consensys, the Ethereum software company that developed the MetaMask crypto wallet.

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