HONG KONG, Feb. 25, 2025 /PRNewswire/ – Consensus Hong Kong, which happened between February 18 and 20, 2025, has formally wrapped up its sold-out debut. Because the world’s largest and longest-serving occasion sequence for crucial conversations on Web3, digital property, and blockchain, Consensus attracted almost 10,000 in-person attendees, from 102 nations 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 present that it is going to 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 throughout the week happening, 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;Normal 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 situation a Hong Kong dollar-backed stablecoin.Different bulletins got here from Hex Belief, Robinhood, WisdomTree, Pundi AI, zkMe, and extra.Bullish Group, the mum or dad firm of CoinDesk, introduced that its Hong Kong digital asset buying and selling enterprise has obtained licensing approval from the SFC;
Seventy-five p.c 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 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 staff was in a position to fulfill its mission of creating Consensus crucial platform for digital property and Web3.
Along with the primary convention line-up, over 350 aspect occasions happened 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 Combat Night time and the Closing Occasion. Further community-hosted aspect occasions happened in venues throughout town together with at Trilogy, Soho Home, Popinjays, The Kerry Lodge, 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, Authentic Path, and Polkadot, which had been gained respectively by ProfitX, Xeno, MozaicDot, MoME (Combination of Multi-chain Consultants) 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 buyers 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 amazing success. The mix of our almost 10,000 in-person attendees and over 350 aspect occasions is unbiased validation proving our convention achieved unimaginable product-market match. It’s clear that the worldwide Web3 {industry} has been asking for a really world-class convention in Hong Kong for some time, and Consensus Hong Kong was the reply. Hong Kong has labored exhausting 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 an excellent larger scale.”
Brad Spies, Managing Director of Consensus stated, “Consensus has all the time had a laser concentrate on bringing collectively all the completely different elements of the crypto ecosystem: conventional finance, DeFi merchants, regulators, builders, entrepreneurs, buyers, startups, lecturers, and artists. We’re humbled to host heavyweight attendees from world wide seeking to join, and share singular experiences from day to nighttime. Consensus Hong Kong has taken that mission to a brand new degree, bringing collectively all sides of the {industry}, east and west, and utilizing Hong Kong’s unparalleled venues, eating places, and neighborhood as a option to deliver individuals collectively to share concepts, create enterprise alternatives, and have a wonderful 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 world leaders in tech and finance to debate urgent points, announce key developments and offers, and share their visions for the long run. 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 probably the most trusted media, occasions, indices, and information 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 staff 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 equivalent to Consensus, the world’s largest and longest-running crypto pageant. CoinDesk Indices provides experience in digital asset indices, information, and analysis to coach and empower buyers. 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 info on CoinDesk media and occasions, please go to CoinDesk.com. For breaking headlines, information, and indices, go to CoinDeskmarkets.com.
