**Hong Kong's Blockchain Sector Grows 250% Since 2022**
A recent report by **InvestHK** and its partners reveals a **250% surge** in Hong Kong's blockchain applications and software industry since 2022, solidifying its position as a leading hub for fintech and digital asset development in Asia.
The report analyzed **1,100 fintech companies** operating in Hong Kong as of July 2024, showcasing significant growth across fintech sub-sectors. Key highlights include:
- **175 blockchain companies** now operate in Hong Kong.
- The **digital assets and cryptocurrency sector** has grown by nearly **30%**.
Hong Kong leads in fintech areas like **wealth technology**, **blockchain**, **digital assets**, **payments**, and **enterprise solutions**, cementing its status as a global fintech powerhouse.
