News

Foresight News reported that Credit Coop has announced the completion of a $4.5 million seed round, co-led by Maven 11 and Lightspeed Faction, with participation from an undisclosed exchange, Signature Ventures, Veris Ventures, TRGC, and dlab. The funds will help build the credit infrastructure layer for the stablecoin economy.

Foresight News reported that Hong Kong Legislative Council member Ng Kit-chung stated that Hong Kong is actively building an international digital asset center, with a balanced focus on both innovation and compliance for enterprises. He also believes that the integration of capital markets and the digital asset industry will bring new momentum to the market. DePIN, which combines blockchain with the real economy, is expected to reshape traditional industries such as the Internet of Things, energy, and transportation. It is an important direction for Web3 application implementation. At Cyberport, many overseas exhibitors are developing projects and technologies that integrate Web3 with real-world applications, which will undoubtedly create new blue ocean markets.