Neo expands APAC footprint, opens new office in Hong Kong

By Gloria Mathias

Neo, the open-source, community-driven platform where developers are building the Smart Economy, has announced that it has officially opened its Hong Kong office, expanding its presence in the emerging blockchain hub.

Located within Cyberport, Hong Kong’s digital tech and Web3 hub, the new office will be at the forefront of Neo’s drive to realise the Smart Economy and will serve as a base to support Hong Kong’s Web3 developer talent and promote investment in the region.

As part of the new office opening, Neo is joining the Cyberport Incubation Programme, where it will benefit from financial support as well as key networking support and opportunities.

Speaking at the opening of the new office, Da Hongfei, Founder of Neo and CEO of Neo Global Development, said, “I’m thrilled to officially open this new office in Hong Kong, marking a significant step in our continued expansion across Asia and aligning our efforts with the already excellent work being done by the Hong Kong government authorities to solidify Hong Kong as a Web3 hub. Hong Kong’s position as a centre of innovation was exemplified by our recent highly successful Neo APAC Hackathon, which featured events in five cities across the region, uncovering and showcasing the finest developer talent across Asia. We are now delighted to join the Cyberport Incubation Programme in recognition of our role as a Web3 innovator.”

“Our mission has always been to discover and support local talent,” Da added. “Our new office now opens exciting doors for local developers to make global connections.”

Neo’s expansion into Hong Kong solidifies its presence within Asia’s booming Web3 ecosystem, promoting community growth and innovation. Hong Kong has emerged as a significant player in the new financial market. By establishing its anchor in Hong Kong, Neo is now adding to the regional momentum with a drive to forge new relationships with local enterprises, universities, and local talent, truly fostering a distributed network for the Smart Economy.