According to CoinMeta, and as reported by Hong Kong 01, Zhao Changpeng, the founder of Binance, stated that Hong Kong is suitable for financial innovation and the development of the Web3 industry. To maintain its leading position in Asian finance, it cannot rely solely on traditional approaches to sustain itself at the Hong Kong Stock Exchange. He believes that asset tokenization can overcome time differences and cross-border restrictions, enhancing the liquidity of assets in smaller markets, and pointed out that there is still a need to increase regulatory flexibility in Hong Kong. Speaking about the industry's prospects, Zhao Changpeng mentioned that the crypto industry has survived the tough times, with a healthy fundamentals, and both technology and user awareness have become more mature. If global regulatory policies continue to relax, the industry is set to experience even greater growth.