Hong Kong’s Strategic Opportunity in Web3 Development
In this Crypto Insiders interview, Lennix Lai states that OKX is currently the world’s second-largest exchange based on trading volume and user base. With 3,600 employees worldwide, OKX primarily focuses on the exchange, while dedicating around one-third of its efforts to Web3 and blockchain infrastructure.
Lennix, a Hong Kong native, believes the city has missed out on mobile technologies, e-commerce, and Web2-era technologies. However, he sees Web3 as a combination of technology and finance, and with Hong Kong being a financial hub, it is an opportunity the city cannot afford to miss. He highlights that Hong Kong has the talent, regulatory framework, environment, and timing to develop Web3 and blockchain, making it a strategic choice that could impact the next 50 years. This could potentially position Hong Kong as a global cryptocurrency center, not just limited to Asia.
About OKX
OKX is one of the world’s leading digital asset trading platforms, primarily offering global users cryptocurrency and derivative trading services for Bitcoin, Litecoin, Ethereum, and other digital assets. Their vision is to bring blockchain and digital assets into the lives of billions of users worldwide, while pursuing the material and spiritual well-being of their employees. They hope to make the world more transparent and better through blockchain and digital assets.
About OKX Ventures
The fund will focus on project exploration and investment in areas such as blockchain infrastructure, Layer2, DeFi, Web3.0, NFTs, and Metaverse.
OKX Ventures aims to discover and invest in cutting-edge product technology innovations in the blockchain sector, promoting the advancement of global blockchain industry infrastructure. They hope to grow together with ambitious and capable blockchain entrepreneurs while contributing their global resources and historical experience to these innovators.
