HONG KONG, Feb. 25, 2025 /PRNewswire/ – Consensus Hong Kong, which came about between February 18 and 20, 2025, has formally wrapped up its sold-out debut. Because the world’s largest and longest-serving occasion collection for essential conversations on Web3, digital property, and blockchain, Consensus attracted almost 10,000 in-person attendees, from 102 international locations to Hong Kong, with a mixed AUM for attendees estimated at greater than US$4 trillion. The success of the occasion has garnered worldwide consideration, a lot in order that it has formally introduced at the moment that will probably be returning to Asia once more subsequent yr in 2026.
The occasion’s arrival in Hong Kong coincided with a number of key regional milestones, with notable bulletins in the course of the week going down, together with:
Hong Kong’s monetary regulator, the Securities and Futures Fee (SFC), unveiled a brand new street map with 12 initiatives designed to “future-proof” Hong Kong’s digital asset ecosystem;Customary Chartered publicized its three way partnership with Animoca Manufacturers and Hong Kong Telecom (HKT) to hunt a licence from the Hong Kong Financial Authority (HKMA) to problem a Hong Kong dollar-backed stablecoin.Different bulletins got here from Hex Belief, Robinhood, WisdomTree, Pundi AI, zkMe, and extra.Bullish Group, the dad or mum firm of CoinDesk, introduced that its Hong Kong digital asset buying and selling enterprise has acquired licensing approval from the SFC;
Seventy-five % of the almost 10,000 in-person attendees traveled from abroad, driving up tourism in Hong Kong and bringing in an estimated HK$275m to the town. Over 450 media registered to report on the occasion and listen to from over 300 high-caliber audio system from the Hong Kong authorities, Web3 regulators, and types like Binance, Blockstream, Circle, Coinbase, Google, Pantera, Robinhood, and Solana Basis. Supported by over 125 sponsors and over 160 neighborhood companions, together with Auros, Hex Belief, TRON, Aptos, CoinW, Dimitra, First Digital, Genius, Zeebu, and lots of extra, the group was in a position to fulfill its mission of creating Consensus an important platform for digital property and Web3.
Along with the primary convention line-up, over 350 aspect occasions came about over the course of the week in iconic Hong Kong venues. Cloud 39 on the Henderson, The Hong Kong Jockey Membership, Wonderland (West Kowloon Cultural District) the Grand Hyatt, and Iron Fairies hosted particular occasions, such because the opening Rooftop Revelry, Consensus Cup, Token of Love music pageant, Crypto Battle Evening and the Closing Occasion. Extra community-hosted aspect occasions came about in venues throughout the town together with at Trilogy, Soho Home, Popinjays, The Kerry Resort, Luk Yu Tea Home, Faye, K11, Dragon-I, Ozone, Cardinal Level, and dozens of others.
Its signature experiences, together with the Hackathon and PitchFest, drew tech expertise from everywhere in the world:
Over 500 prime builders – together with from Thiel Fellows, and quants from prime funding banks JP Morgan and Morgan Stanley – joined the two-day, in-person Hackathon run in partnership with EasyA. In complete, 67 ground-breaking blockchain tasks had been launched to compete for greater than US$400K in prizes and grants. There have been six tracks on the Hackathon: Aptos, Ripple, MozaicNFT, Crust, Unique Path, and Polkadot, which had been received respectively by ProfitX, Xeno, MozaicDot, MoME (Combination of Multi-chain Specialists) and Pix x Origintrail Telegram Bot.Over 400 of the world’s most promising early-stage Web3 start-ups attended, with 12 competing stay onstage at CoinDesk PitchFest for investor consideration. TransCrypts, a frontrunner in digital id and credentials, backed by Mark Cuban, GSR Ventures, and others emerged because the winner. The competitors was judged by prime traders from Spartan Ventures, Titan Fund, CMCC, Foresight Ventures, Animoca Manufacturers, and extra.
Michael Lau, Chairman of Consensus Hong Kong, stated, “Consensus Hong Kong was an awesome success. The mix of our almost 10,000 in-person attendees and over 350 aspect occasions is unbiased validation proving our convention achieved unbelievable product-market match. It’s clear that the worldwide Web3 {industry} has been asking for a very world-class convention in Hong Kong for some time, and Consensus Hong Kong was the reply. Hong Kong has labored arduous to strategically place itself as a forward-thinking digital property hub with a vibrant ecosystem that fosters entrepreneurial spirits, so we hope to return once more subsequent yr—at a good larger scale.”
Brad Spies, Managing Director of Consensus stated, “Consensus has at all times had a laser concentrate on bringing collectively the entire completely different elements of the crypto ecosystem: conventional finance, DeFi merchants, regulators, builders, entrepreneurs, traders, startups, teachers, and artists. We’re humbled to host heavyweight attendees from all over the world seeking to join, and share singular experiences from day to nighttime. Consensus Hong Kong has taken that mission to a brand new stage, bringing collectively all sides of the {industry}, east and west, and utilizing Hong Kong’s unparalleled venues, eating places, and neighborhood as a approach to deliver folks collectively to share concepts, create enterprise alternatives, and have a superb time doing it.”
Media contact:
Cognito on behalf of Consensus Hong Kong
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About Consensus
Since 2015, Consensus has been the world’s largest and most influential gathering of digital property, blockchain, and Web3 communities. Consensus now heads to Hong Kong, bringing collectively the {industry}’s most vital voices from East and West for pivotal conversations and deal-making alternatives.
Consensus Hong Kong convenes international leaders in tech and finance to debate urgent points, announce key developments and offers, and share their visions for the longer term. Consensus is produced by the award-winning media outlet CoinDesk and is guided by its dedication to unbiased, unbiased journalism. Consensus units the agenda for the subsequent wave of innovation and deal-making within the crypto and Web3 area.
About CoinDesk
CoinDesk is essentially the most trusted media, occasions, indices, and knowledge firm for the worldwide crypto financial system. Since 2013, CoinDesk Media has led the story of the way forward for cash and investing, illuminating the transformation in society and tradition that comes with it. Our award-winning group of journalists delivers information and unparalleled insights that deliver transparency, comprehension, and context. CoinDesk Occasions gathers the worldwide crypto, blockchain, and Web3 communities at annual occasions corresponding to Consensus, the world’s largest and longest-running crypto pageant. CoinDesk Indices gives experience in digital asset indices, knowledge, and analysis to coach and empower traders. In November 2023, CoinDesk was acquired by Bullish Group. CoinDesk operates as an unbiased subsidiary and abides by a strict set of editorial insurance policies. For extra data on CoinDesk media and occasions, please go to CoinDesk.com. For breaking headlines, knowledge, and indices, go to CoinDeskmarkets.com.
