Key Points
The staking business has been approved to go online: The Securities and Futures Commission (SFC) of Hong Kong announced that licensed crypto exchanges can officially provide staking services. This unprecedented policy is regarded as an important milestone in the compliance of DeFi, injecting a shot in the arm for the entire industry.
Stablecoin regulation is coming: The Hong Kong government has confirmed that it will launch a comprehensive stablecoin regulatory framework by the end of 2025. This move is seen as a clear response to one of the biggest uncertainties in the digital asset market.
AI fusion with Web3 becomes a new highlight: Exhibiting projects such as InitVerse and HolmesAI demonstrated privacy-preserving AI solutions running on encrypted data, heralding the advent of a secure and decentralized machine learning era.
XT.COM is making full efforts: whether it is inviting Hong Kong rock legends to perform live or providing product interactive experiences, XT.COM emphasizes the humanistic warmth of Web3 through the concept of #BeyondTrade and becomes the focus of the whole event.
Hot discussions in the community: hashtags such as #Web3 Festival and #Web3FestivalHongKong2025 have become hot searches in the region, sparking a lot of discussion and resonance among users, and online popularity continues to rise.
Web3 Carnival 2025 Hong Kong is a grand exhibition that fully releases innovative energy, promotes industry collaboration and cultural integration. The event was held at the Hong Kong Convention and Exhibition Center (HKCEC) from April 6 to 9, attracting more than 50,000 participants and hundreds of industry leaders from around the world. Co-organized by Wanxiang Blockchain Lab and HashKey Group, this years Hong Kong Web3 Carnival not only brought the release of heavy regulatory policies, but also exhibited cutting-edge technologies integrating AI and blockchain, and combined with a series of activities with regional characteristics, it has injected a strong Web3 innovation atmosphere into Hong Kong.
Read on to learn more about the important policy releases, core exhibition content, and the forces behind the event that drive resonance between the industry and the community - this is definitely an annual Web3 event that cannot be missed.
Table of contents
Major policy releases and regulatory trends
Frontier Topics and Core Discussions
Integration and innovation of AI and Web3
DeFi and Infrastructure Technological Breakthroughs
DePIN: Decentralized Physical Infrastructure Network
RWA real asset on-chain and tokenization
PayFi: The integration trend of payment system and DeFi
XT.COM’s Exciting Debut and Community-Driven Live Events
XT Beyond Trade VIP Theme Party
Booth highlights and online interactive gameplay
Community voice and social media heat tracking
Market impact and industry insights
Major policy releases and regulatory trends
Important breakthroughs in DeFi
One of the most influential events at the 2025 Web3 Carnival Hong Kong was the official announcement by the Hong Kong Securities and Futures Commission (SFC) that licensed cryptocurrency exchanges can legally provide staking services. This move quickly attracted great attention from the industry. Industry insiders pointed out that this not only marks the official inclusion of DeFi products in the regulatory field, but also reflects Hong Kongs development strategy of promoting compliance and innovation. By legalizing decentralized financial services, Hong Kong is trying to build a blockchain ecosystem that balances security and vitality.
Clarity in stablecoin regulation is expected
Soon after, the Hong Kong government also confirmed that it would launch a complete stablecoin regulatory framework later this year. Although the details have not yet been made public, this policy expectation is widely seen as a key step in eliminating the biggest uncertainty in the current digital asset field. Financial Secretary Paul Chan said that Hong Kong is committed to becoming a global blockchain hub, and to achieve this goal, it is necessary to establish systematic rules that connect traditional finance with digital innovation. He pointed out: Innovation means risk, but the governments responsibility is to create an environment where innovation can develop in an orderly manner.
Such clear policy statements may accelerate the entry of institutions, especially those investors who previously adopted a wait-and-see attitude due to the lack of regulatory clarity.
Image Credit: Web3 Festival Medium
Frontier Topics and Core Discussions
From multiple main stages to impromptu networking gatherings, the 2025 Hong Kong Web3 Carnival was very lively, and many exchanges of views highlighted the new focus of the industrys reshaping direction.
Integration and innovation of AI and Web3
InitVerse: Its TfhEVM combines AI and privacy protection technologies, standing out on the scene and creating a new paradigm for data security processing. Founder Sezikli said: This technology will completely change those industries that have extremely high requirements for trust and compliance.
HolmesAI: By removing the centralized bottleneck in the AI development process, HolmesAI allows developers to have more transparency, security and creative freedom in the construction process, providing a viable solution for decentralized AI.
Image Credit: GlobeNewswire
DeFi and Infrastructure Technological Breakthroughs
Neo: As a secondary sponsor of the exhibition, Neo showcased modular infrastructure and the latest DeFi tools, and provided real cases including supply chain management and asset tracking on site to demonstrate the practical path of smart economy in decentralized networks.
TON Foundation: At its off-site “TON Day” event, the TON Foundation introduced Telegram applets, GameFi, DeFi projects, and institutional adoption scenarios. AI-driven demonstrations showed how the information ecosystem and the gaming ecosystem merge on the blockchain.
Image Credit: Web3 Festival Medium
DePIN: Decentralized Physical Infrastructure Network
DePIN has become a hot topic of discussion, focusing on how to tokenize physical infrastructure assets such as energy and transportation. Experts discussed the advantages of decentralized networks in improving transparency and breaking down data silos. The final conclusion is that if blockchain governance mechanisms can be applied to the physical field, it is expected to promote more equitable and efficient resource allocation.
RWA real asset on-chain and tokenization
RWA (Real-World Assets) tokenization is considered to be an important bridge between traditional finance (TradFi) and decentralized finance (DeFi). By putting real assets such as real estate and commodities on the chain, the project can improve market liquidity and introduce more mature financial instruments into the Web3 ecosystem.
PayFi: The integration trend of payment system and DeFi
The integration of traditional payment systems and DeFi has also become a hot topic. Stablecoins and asset tokenization are seen as the key to speeding up and reducing costs in cross-border transactions. Many guests predicted that PayFi solutions will become the infrastructure to promote global trade, especially in areas where traditional financial services are imperfect.
Image Credit: Web3 Festival Medium
XT.COM’s Exciting Debut and Community-Led Live Events
XT and you have a bright future together: a night of passion and innovation
At this Web3 Carnival, XT.COM not only attracted attention with its technical strength, but also touched peoples hearts with its human touch. On April 6, we held the iconic event XT and You, the Sky is Boundless , at a high-end social club in Central, Hong Kong, and invited Paul Wong, the guitarist of Hong Kongs legendary band Beyond, to perform on stage. Classic melodies brought back memories, allowing Hong Kong music and the Web3 craze to blend perfectly on this night.
Between guitar solos and free chats, every guest, from die-hard fans to project founders, spoke freely in this warm atmosphere, and had in-depth discussions on how blockchain can help financial inclusion, transparent governance, and technological innovation. This kind of activity mode of resonance between technology and culture is exactly the #BeyondTrade concept that XT.COM has always advocated: encryption is not only buying and selling numbers, but also a real connection between people, values, and communities.
Exhibition highlights and online interactions are carried out simultaneously
Back at the venue, the XT.COM booth was extremely popular, with a number of hands-on experiences, live trading demonstrations, and face-to-face QA sessions with product experts, which were both fun and educational, allowing the audience to intuitively experience how XT.COM covers multiple functions from basic transactions to advanced DeFi.
In order to serve global users, we also conduct online trading competitions, voting and lucky draws, extending the enthusiasm of the venue to the online platform. No matter where they are, users can feel the spirit of XT.COM and the community growing together. We firmly believe that the power of the community is not limited to the scene, but a real connection across space.
Community voice and social media heat tracking
One of the criteria for measuring whether a blockchain event is truly popular is whether it can continue to spark discussion and resonance outside the venue. From this perspective, the 2025 Hong Kong Web3 Carnival is definitely a phenomenal success. Participants posted on platforms such as Instagram, X/Twitter and Medium to share their experiences, behind-the-scenes moments and exciting insights from panel discussions.
Instagram: User @1lnwr posted a photo of a packed Hong Kong Convention and Exhibition Centre, captioning: “Another amazing Sunday! Just finished attending the Web3 Festival, it was awesome!”
Facebook: China Daily published a video clip of the main forum and interactive booths. The comments section was very lively. One user wrote: This proves that Hong Kongs Web3 future is not a dream, but is accelerating.
X/Twitter: #Web3 Festival, #Web3FestivalHongKong2025, #HK Web3 and other hashtags were on the regional hot search list, and the carnival became a digital topic center in and outside the Web3 circle. A large number of industry KOLs and bloggers also participated in the topic and conducted in-depth discussions on DePIN, stablecoin supervision, etc.
Medium: The official blog reviewed the event in a special article, praising the enthusiastic participation and strong community spirit of the international audience, and pointed out that even in the peripheral gatherings outside the main stage, one could feel the full energy.
Overall, this carnival is not just a technology display or speech sharing, but also a cultural event that transcends platforms and builds global consensus.
Market Impact and Industry Insights
Regulatory support accelerates industry adoption
From a market perspective, the official approval of the staking business by the Hong Kong Securities and Futures Commission (SFC) is undoubtedly one of the most revolutionary signals during this Web3 Carnival. Institutional investors often pay close attention to regulatory trends before allocating funds. This time, it is clearly stated that licensed exchanges can legally provide staking services, which clears the compliance barriers for the industry and also makes Hong Kong take the lead in the global DeFi compliance process. Many industry analysts predict that this bold move is expected to trigger a chain reaction around the world and push more jurisdictions towards an open DeFi regulatory path.
At the same time, Financial Secretary Paul Chan confirmed that stablecoin regulation is expected to be introduced before the end of this year, which also injected a shot of adrenaline into the market. In this field that has long been trapped in the legal gray area, the implementation of stablecoin rules may attract more institutional investors who previously held their coins on the sidelines due to unclear compliance.
Image Credit: The Standard
The trend of deep integration of AI and blockchain
The integration of AI and blockchain is unleashing new industry imagination. A number of new solutions that balance privacy and decentralization were demonstrated on site, heralding a major change in the way sensitive data is handled. Many guests pointed out that if these technologies can be widely adopted, industries that rely on high trust, such as medical care, finance, and logistics, may fully transform to encrypted, low-trust data trust mechanisms.
Real challenges brought by macro trends
Although the atmosphere was enthusiastic, many participants also mentioned the real pressure at the global macro level, such as the escalation of US-China trade frictions. These factors remind everyone that the crypto industry is not an independent space that is divorced from reality. However, many people believe that Hong Kongs active promotion of regulatory system construction is the best response strategy to the uncertain environment, which also makes the city stand out in the eyes of global blockchain companies and become a relatively stable policy depression.
Conclusion and Future Outlook
The 2025 Hong Kong Web3 Carnival is a key node for the entire Web3 ecosystem to move towards maturity and rapid development. The regulatory clarity around pledge and stablecoins sends a clear signal to the global market: Hong Kong is moving towards the forefront of the industry with a pragmatic and aggressive policy attitude. This model may become a reference model for other regions to find a balance between innovation and investor protection.
At the same time, the combination of AI and Web3 has also become the most popular technical highlight of this conference. Startup projects such as InitVerse and HolmesAI have demonstrated AI solutions built on privacy-centric cutting-edge technologies such as fully homomorphic encryption, providing a realistic and feasible breakthrough for industries with high compliance requirements.
But this event is not just about technology. The creative activities planned by XT.COM and the natural flow of enthusiasm and interaction among builders also remind us that the essence of Web3 is not just about transactions, but also about redefining the way people trust, collaborate and communicate with each other.
On social media, topics such as #Web3 Festival and #Web3FestivalHongKong2025 were widely spread, fully demonstrating the global users attention to this event. From on-site to online, from technology to culture, the synergy of DeFi, AI and active governance is depicting a more open, borderless and inclusive future.
Looking ahead:
Stablecoin regulation may usher in a new wave of institutional investment
AI privacy tools may reshape compliance standards
Cross-border collaboration is expected to continue to be the core driver of technological evolution
It can be said that the 2025 Hong Kong Web3 Carnival has clearly shown that Web3 is no longer just a hype label, but a global trend that is accelerating. And Hong Kong is firmly at the forefront.
Quick Links
Nine Cryptocurrency Trends in 2025: AI, DeFi, Tokenization, and More
Beyond the candlestick chart: How on-chain data and macro trends drive Bitcoin growth
Monad vs. Ethereum: Can this emerging L1 disrupt the market?
About XT.COM
Founded in 2018, XT.COM currently has more than 7.8 million registered users, more than 1 million monthly active users, and more than 40 million user traffic within the ecosystem. We are a comprehensive trading platform that supports 800+ high-quality currencies and 1,000+ trading pairs. XT.COM cryptocurrency trading platform supports a variety of trading products such as spot trading , leveraged trading , and contract trading . XT.COM also has a safe and reliable NFT trading platform . We are committed to providing users with the safest, most efficient, and most professional digital asset investment services.
