On June 26, 2025, the Hong Kong Special Administrative Region Government issued a digital asset policy declaration, which provided clear policy guidance and a sound regulatory framework for the digital asset industry, helping to promote the healthy and orderly development of the industry.
The declaration also affirmed Cyberport’s positive contributions in startup incubation and ecosystem building, including business matching, technical support and talent cultivation, which have vigorously promoted the development of digital assets and blockchain in Hong Kong.
To further promote tokenization and blockchain technology applications, Cyberport now announces the launch of the 'Blockchain and Digital Asset Pilot Funding Scheme' (hereinafter referred to as the 'Scheme') to provide funding for exemplary, high-impact and benchmarking potential projects, drive innovative application practices and promote the sustainable development of the industry.
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, said: "The Government is committed to strengthening Hong Kong's position as an international financial centre. We are actively working to establish a forward-looking and robust regulatory framework for digital assets. We are also pleased to see that Cyberport is promoting digital finance, especially through start-up incubation, blockchain and digital asset pilot programmes and industry collaboration, and fully supporting innovation and trials in digital assets and blockchain. We look forward to continuing to work with Cyberport and the industry to promote the sustainable development of Hong Kong's financial and digital economy."
Dr. Cheng Chung-yin, Chief Executive Officer of Cyberport, said: “The second policy statement on digital asset development issued by the SAR Government demonstrates that the Government is actively embracing innovation and technology. Cyberport will continue to cooperate with the Government’s direction and work with the industry and regulators to fully promote the development of the blockchain and digital asset ecosystem in Hong Kong, promote the digital economy and strengthen the resilience of the local economy. We hope that the Blockchain and Digital Asset Pilot Funding Scheme will promote the implementation of innovative applications of digital assets, while also enhancing the industry’s understanding of digital asset governance and security.”
Photo: Dr. Cheng Chung-yin, Chief Executive Officer of Cyberport The Blockchain and Digital Asset Pilot Funding Program launched by Cyberport is now accepting applications to provide financial support and real-world application scenarios for start-ups in related fields. It aims to support and encourage the testing and implementation of innovative solutions, support exemplary and high-impact applications that have the potential to become benchmark cases in the future, and promote the development of Hong Kong's blockchain and digital asset ecosystem. The program will provide financial support for companies in the development stage to test high-impact blockchain and digital asset solutions. Each eligible pilot project can receive 80% funding, with a maximum funding amount of HK$500,000.
The program covers multiple areas, including tokenization of real-world assets (RWA), stablecoins and payment solutions, decentralized identity, Web3.0 security, distributed artificial intelligence (AI)/machine learning (ML), and social innovation and digital experience. Enterprises need to partner with a large-scale organization as their sponsor to demonstrate that their pilot projects have high commercialization potential.
Applicants must be companies or research institutions registered and conducting business in Hong Kong and must meet the relevant application eligibility requirements. The proposal must be directly related to the recognized Web3.0 field and must propose innovative solutions that are not available in the market for practical problems faced by relevant Hong Kong institutions.
The funding will be disbursed in two phases, the first phase is for start-up funds, and the final phase will be disbursed after the project completes pilot testing and is confirmed by the sponsoring organization. The application period for the program ends on August 1.
Cyberport currently gathers about 280 blockchain and digital asset companies, including 3 unicorn companies, with founders from 19 countries and regions. It is the largest blockchain and digital asset community in the local area, covering multiple fields such as smart life, digital entertainment, financial technology, network and data security. Through this plan and other support projects, Cyberport provides comprehensive support for blockchain and digital asset start-ups, and continues to hold exchange activities to promote industry development. In the future, Cyberport will continue to cultivate talents, enhance the public's understanding of blockchain and digital assets, and accelerate the development of the local ecosystem.
Institutions or enterprises interested in applying for this program can learn more details on the " Blockchain and Digital Asset Pilot Funding Program " page .
