🚀Hong Kong is eyeing the crypto skies! The Hong Kong Institute for Monetary and Financial Research sees decentralized finance (DeFi) and metaverse tech as the new frontier for global fintech. 🌐 From a humble $6 billion in 2021, DeFi's market cap could skyrocket to $80 billion by 2023! 💰 Yet, 70% of crypto businesses are still on the DeFi launchpad. 🚀 Meanwhile, local financial institutions are showing interest in the metaverse, despite mixed feelings about its future. What's your take? DeFi or metaverse? Comment below! 👇 #HongKongCrypto #DeFi #Metaverse