Author | Wu Blockchain
Top 10 News of the Week
1. Hong Kong Government Releases 'Digital Asset Development Policy Declaration 2.0' link
The Hong Kong government released the 'Hong Kong Digital Asset Development Policy Declaration 2.0', reaffirming its commitment to establishing Hong Kong as a global innovation center in the digital asset field. The policy declaration introduces the LEAP framework, focusing on optimizing legal and regulatory environments, expanding tokenized product varieties, advancing application scenarios and cross-sector collaboration, and developing talent and partnerships. Financial Secretary Paul Chan stated that by combining prudent regulation with market innovation, they aim to build a more vibrant digital asset ecosystem integrated with the real economy and social life, bringing benefits to the economy and society while consolidating Hong Kong's leading position as an international financial center.
2. Eight South Korean Banks Plan to Establish Joint Venture for Korean Won Stablecoin link
Eight major South Korean banks, including KB Kookmin Bank, Shinhan, Woori, NH Agricultural Cooperative, IBK Industrial Bank, Suhyup Bank, Citibank Korea, and Standard Chartered Korea, are collaborating with the Open Blockchain and DID Association and the Financial Settlement Institute to establish a joint venture for a Korean Won stablecoin. This is the first time banks have collectively entered the digital asset field as a consortium, with initial plans including trust-type and deposit-linked stablecoin models, with the company expected to be established by the end of this year or early next year.
[The translation continues in the same manner for the remaining paragraphs...]- AI model marketplace platform OpenRouter announces completion of $40 million seed and Series A funding link
- The Smarter Web completes £41.2 million funding link
- Crypto startup Zama announces completion of $57 million Series B funding link
- Canton network developer Digital Asset announces completion of $135 million strategic funding link
- Paradigm exclusively leads $15 million Series A funding for decentralized exchange startup GTE link
- DeFi infrastructure provider Veda announces completion of $18 million funding link
- Norwegian deep-sea mining company Green Minerals launches Bitcoin treasury strategy, plans to raise $1.2 billion link
- Publicly traded company ECD signs $500 million equity financing agreement to implement Bitcoin treasury strategy link
- Sequans announces $384 million funding plan, initiates Bitcoin treasury strategy link
- KindlyMD raises an additional $51.5 million before merging with Nakamoto, continuing Bitcoin reserve strategy link
- YZi Labs announces investment in decentralized entertainment platform MEET48 link
- Inference Labs announces completion of $6.3 million funding link
- Jarsy announces completion of $5 million pre-seed funding led by Breyer Capital link
- DeFi infrastructure company Yield.xyz announces completion of $5 million strategic funding link
- Sphinx announces completion of $2 million Pre-Seed funding round link
- Blueprint Finance announces completion of $9.5 million funding, led by Polychain Capital link
- Game developer Endless Clouds announces $6.25 million funding from Animoca Brands and other institutions link
- Former SpaceX manager founds Stackup, completes $4.2 million seed funding round link
For more industry funding events, please visit crypto-fundraising.info.
