Hong Kong's Crypto VCs Have Been Playing the Game for 15 Years

Capital Shifts Towards Stablecoins

In Hong Kong, at the Consensus event, cryptocurrency venture capital investors are focusing on stablecoins, payment systems, and tokenization areas despite a decline in the number of investments. This situation is being viewed as a strategic approach amid the current uncertainties of the market.

The Balance Between Flexibility and Stability

Investors emphasize the importance of striking a balance between stability and flexibility, reminding themselves of past failures (such as Polymarket) and late pivots (such as NFTs). In this context, it is expressed that investments should be evaluated carefully.

Shift Towards Quality

Recently, a 'flight to quality' has been observed among investors. They prefer experienced founders and projects that generate real revenue over those based on hype. This approach by investors indicates a growing trust in ventures built on solid foundations.