Golden Finance reported that the Hong Kong Web3Hub Ecological Fund was officially established this week with a scale of US$10 million, which will encourage more companies to settle in Hong Kong. Multichain invested US$1 million as a co-organizer. The fund has gathered major participants in the Web3 industry such as blockchain, cloud services, and media to join the fund project. Blockchain industry partners include smart contract platform Avalanche, Layer 1 network Conflux, Cronos, EOS Network, Fantom, zero-knowledge network Horizen, IRIS Hub (IRISnet), Kava, MultiversX, WEMIX3.0, and cloud service partners are Tencent Cloud and Amazon AWS. (prnewswire)
