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Malaysian listed company MyEG announced investment in Hong Kong’s Web3 field

CointimeCointime2024/02/19 06:28
By:Cointime

MyEG, a Malaysian listed company with a market value of billions, announced its investment in the Web3 field in Hong Kong. Zetrix, the first public blockchain platform under the MyEG Group, will develop government infrastructure applications, physical asset tokenization, blockchain authentication, etc. in the Greater China region with Hong Kong as its headquarters. In the first phase, Zetrix will invest tens of millions of Hong Kong dollars to establish a local office and cooperate with the Web3 Labs accelerator and the well-known investment institution Summer Capital to establish a Web3 project acceleration plan.

Legislative Council member Wu Chi-wai flew to Kuala Lumpur to meet with MyEG's Managing Director and Co-founder of Zetrix, Huang Tianshun, to introduce the implementation of "One Country, Two Systems" and Web3 policy in Hong Kong. Wu Chi-wai stated that Hong Kong has unique advantages in "One Country, Two Systems," and the Web3 policy is also a key technology field promoted in Hong Kong. The development of MyEG Group's Zetrix public chain platform in Hong Kong is a strong endorsement of Hong Kong's Web3 policy, proving that Hong Kong's policies can attract famous companies and projects from all over the world.

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