On April 20, 2026, the Hong Kong Web3 Carnival, jointly hosted by Wanxiang Blockchain Laboratory and HashKey Group, and organized by W3ME, officially opened at the Hong Kong Convention and Exhibition Centre Hall 5BCDE. This four-day global in-depth dialogue will continue until April 23.

The opening ceremony was held that morning at the main venue, the Mountain Stage. Lu Weiding, a representative of the National People's Congress, vice chairman of the All-China Federation of Industry and Commerce, and chairman and CEO of Wanxiang Group, delivered a welcome speech to kick off the conference. He pointed out that Hong Kong has steadily progressed as a "digital hub" over the past four years, striving to contribute a clear "Hong Kong solution" in areas such as stablecoins and asset tokenization; Web3 is deeply integrating with AI and embodied intelligence to jointly build the foundation of the "smart economy." The combination of these three elements will ignite the explosive potential of the Hong Kong ecosystem, and he looks forward to co-creating the future with industry pioneers.

Following this, Hong Kong's Financial Secretary, Paul Chan, delivered the opening speech. He highlighted that the rise of AI agents in 2026 marks an important milestone, and the intersection of Web3 and AI is changing the rules of the game. The combination of these two will elevate transaction efficiency to a new level, covering a wide range of fields such as finance, trade, wealth management, supply chain, and logistics, creating numerous new opportunities. However, it also brings new challenges to payment settlement infrastructure and regulatory rules. He emphasized that as an international financial center, Hong Kong actively embraces innovation, with stablecoins, tokenization, and AI becoming important components of the mainstream future. Hong Kong's regulatory authorities bear the dual mission of prudent regulation and promoting market development, encouraging more innovative applications while continuously summarizing experiences and improving the institutional framework to keep pace with changing times. He firmly believes that Hong Kong will become a key hub for the vigorous development, widespread application, and responsible scaling of the new generation of technologies.

The opening ceremony's agenda brought together heavyweight guests from government, industry, and academia. Chan Ho Lam, the Deputy Secretary for Financial Services and the Treasury of Hong Kong, Ye Zhiheng, Executive Director of the Intermediaries Division of the Hong Kong Securities and Futures Commission, and Legislative Council member (Technology and Innovation Sector) Kenneth Lau, shared insights on Hong Kong's explorations and thoughts in the Web3 field from their respective domains. Michael Faulkender, a finance professor at the University of Maryland and former Deputy Secretary of the U.S. Treasury, provided an international perspective on global digital asset regulatory trends. Guests such as Fan Wenzhong, Executive Director of the China Society of Finance, Chen Long, Secretary-General of the Luohan Hall, Li Guoquan, Dean of the Global Institute of Fintech, Chan Si-yuan, Chief Public Mission Officer of Cyberport, Yukiko, Executive Director of the Japan Virtual Currency Exchange Association and Japan Crypto Asset Business Association, along with Ethereum co-founder Vitalik Buterin, engaged in in-depth discussions to offer multi-dimensional perspectives for the sustainable co-creation of the digital financial ecosystem.

Since its inaugural event in 2023, the Hong Kong Web3 Carnival has been held consecutively in Hong Kong for four years. This edition of the carnival is structured around the themes of "Mountain, Wind, Cloud, Sea," carefully creating four main themed stages to connect global wisdom through a four-day in-depth agenda, discussing the integration of traditional finance and the crypto world, the collision of AI and Web3, as well as three core topics related to RWA. Throughout the four-day conference, forums on themes such as "Traditional Finance × Crypto Finance: Convergence," "Web3 × AI: Value Reconstruction in the Intelligent Era," "Tokenization: The Bridge Between the Real World and Digital Economy," "AI × Crypto: Next-Generation Financial Infrastructure," "Ultimate Q&A on RWA," "New Trends in Coin-Stock Coordination," "Smart Hardware: The Physical Entrance and Scene Extension of Web3," and "Stablecoins and the Web3 Payment Revolution" will be held, with hundreds of guests engaging in deep exchanges and sharing around these forum topics.

The conference not only gathered top global regulatory representatives, experts, scholars, and industry leaders but also attracted participation from over 200 media communities and exhibiting projects. There were also performances of Chinese music and folk arts interspersed throughout, with over a hundred accompanying events taking place citywide, adding layers of rich experiences to this industry gathering.

With the grand opening of the 2026 Hong Kong Web3 Carnival, this in-depth dialogue rooted in Hong Kong and linked to the world officially begins. Winds from all directions gather, and we shall see the clouds and winds meet. In the coming days, global builders will continue to collide ideas in this converging place, as we drive innovation through collaboration, open connections to the future, and explore the new frontier of Web3 value interconnection, co-creating the next chapter of the digital economy.

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