Hong Kong, 26 June 2025 – Cyberport welcomes the HKSAR Government’s Digital Asset Policy Statement, which provides clear policy direction and comprehensive regulatory measures for the development of digital assets, promoting the healthy and orderly development of the industry. The statement also recognises Cyberport’s contributions to the development of Hong Kong’s digital asset and blockchain sectors, particularly through business matching, technical support, and incubation programmes that support start-ups and ecosystem-building. To further drive tokenisation and digital asset applications, Cyberport is simultaneously announcing the launch of the “Blockchain & Digital Asset Pilot Subsidy Scheme” (the “Scheme”), which offers funding to exemplary and high-impact applications with potentials to serve as a benchmark for future use cases.

Christopher Hui, Secretary for Financial Services and the Treasury, said: “The Government is firmly committed to reinforcing Hong Kong’s status as an international financial centre. We are proactively developing a forward-looking and robust regulatory framework for digital asset, and we are pleased to see Cyberport’s active role in advancing digital finance — particularly through its dedicated support for digital asset and blockchain startups via incubation, industry collaboration, and its blockchain & digital asset pilot programme, which promotes innovation and testing to pave the way for real-world implementation. We look forward to continuing close collaboration with Cyberport and the industry to foster the sustainable development of Hong Kong’s financial and digital economy.”

Dr Rocky Cheng, Chief Executive Officer of Cyberport, said, “The HKSAR Government’s second policy statement on digital asset development clearly demonstrates its commitment to embracing technological innovation. Cyberport will continue to align with government directives and work closely with the industry and regulatory bodies to drive the growth of Hong Kong’s blockchain and digital asset ecosystem, thereby promoting the digital economy and strengthening the resilience of the local economy. We hope the ‘Blockchain and Digital Asset Pilot Subsidy Scheme’ will facilitate the real-world adoption of innovative digital asset applications, while also raising industry awareness of digital asset governance and security.”

The “Blockchain and Digital Asset Pilot Subsidy Scheme” launched by Cyberport is now open for applications, providing financial support and real-world application scenarios for start-ups in related fields. The aim is to support and encourage the testing and practical implementation of innovative solutions, to support exemplary and high-impact applications with potentials to serve as benchmark for future use cases and promote the growth of Hong Kong’s blockchain and digital asset ecosystem. The scheme will provide funding support for the development and testing of high-impact blockchain and digital asset solutions. Each eligible pilot project can receive up to 80% funding, with a maximum subsidy of HK$500,000.

The Scheme covers a wide range of areas including Real-World Assets (RWA) tokenisation, payment and stablecoins, decentralised identity, Web3.0 security, distributed AI (Artificial Intelligence)/ML (Machine Learning), and social innovation and digital experience. Applicants are required to partner with a well-established organisation as their project sponsor to demonstrate the practical application and high potential for commercial deployment of their pilot projects.

Applicants must be companies or research institutions registered and operating in Hong Kong, and must meet the relevant eligibility requirements. Proposals must be directly related to recognised Web3.0 domains and must address real-world issues or pain points faced by organisations in Hong Kong, for which no identical solution currently exist in the market.

The funding will be distributed in two installments. The initial installment as seed funding, and the final installment will be released upon successful completion of the pilot testing and confirmation from the project sponsor. The application deadline is 1 Aug 2025.

Cyberport is the largest blockchain & digital asset community in Hong Kong and is currently home to about 280 blockchain & digital asset companies, three of which are unicorns, with founders from 19 countries and regions, covering multiple fields such as smart living, digital entertainment, financial technology, network and data security. Through the Scheme and various support programmes, Cyberport provides comprehensive support to blockchain & digital asset start-ups and continues to organise exchange activities to further promote industry development. In the future, Cyberport will continue to nurture talent, raise public awareness of blockchain & digital asset and accelerate the development of the local ecosystem.

Organisations interested in applying for the Scheme can find out more at the “Blockchain & Digital Asset Pilot Subsidy Scheme” webpage.

About Hong Kong Cyberport

Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,200 companies, including 5 listed companies and 7 unicorns. One-third of onsite companies’ founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets.

 Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 350 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.  

 Also as Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Mainland China and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.  

 For more information, please visit https://www.cyberport.hk/en.