Edith Yeung, co-founder of Race Capital, closely monitors the development of the crypto sector in Hong Kong. By investing early in projects like Solana 
$214 and the Lightning Network, she has played a significant role in the industry. Additionally, she authors the annual “China Internet Report,” which addresses trends in Chinese technology.
Hong Kong’s Crypto Regulations
Yeung highlighted the establishment of an open licensing regime as a major step for Hong Kong’s crypto sector. She noted that the presence of seven SFC-licensed virtual asset trading platforms has boosted investor confidence. However, she emphasized that licensing alone is insufficient, stressing the critical importance of liquidity in the market.
“The gradual formation of pro-crypto regulations in Hong Kong is a positive sign for China,” Yeung said.
Describing Hong Kong as the New York of Asia, Yeung pointed out the region’s high financial potential. She stated that Hong Kong offers a rich resource in traditional financial capabilities, providing advantages for crypto entrepreneurs.
Investments in Solana and Future Expectations
Discussing early investments in Solana, Yeung emphasized the project’s robust developer community and its future potential. She noted that traditional financial players engaging with Solana demonstrate that blockchain technology is ready for broader audiences.
Yeung affirmed that Race Capital will continue to focus on internet infrastructure and invest in sustainable projects in the long term. With the increasing integration of artificial intelligence and blockchain technology, she predicts that Hong Kong will play an increasingly vital role in the crypto sector. Moreover, she believes Solana will continue to grow by enhancing its liquidity and user base.
In light of these developments, Hong Kong is expected to contribute to future growth by establishing a solid infrastructure and an active market in the crypto sector.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
