Hong Kong Cyberport launches pilot funding scheme for blockchain and digital assets, focusing on payments and stablecoins

Odaily Planet Daily reports that Hong Kong Cyberport has announced the launch of a Blockchain and Digital Assets Pilot Funding Scheme, aimed at promoting the development and testing of blockchain and Web3.0 applications. The program is now open for applications, with the deadline set for August 1, 2025. Each eligible company may apply for up to three pilot projects, with a maximum funding of HKD 500,000 per project. The main focus areas include RWA tokenization, payments and stablecoins, decentralized identity, social innovation and digital experience, as well as decentralized artificial intelligence/machine learning.