- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Blockchain’s potential is transformative, says Xiao Feng.
- Vitalik Buterin, other leaders focus on innovation.

Xiao Feng, CEO of HashKey Group, opened the 2025 Hong Kong Web3 Festival at the HKCEC on April 6, highlighting blockchain’s transformative potential.
The event boosts blockchain focus and highlights Asia’s increasing role in Web3 advancements.
The 2025 Hong Kong Web3 Festival, one of Asia’s largest blockchain events, commenced with Xiao Feng emphasizing a new paradigm shift. The festival showcases leaders and innovators from different parts of the world.
Key figures such as Xiao Feng and Vitalik Buterin discussed blockchain innovations. Involving major players supports market interest in Web3’s transformative potential. Institutional partners like OKX highlight the growing ecosystem.
Xiao Feng’s emphasis on decentralization and transparency underscores the potential impacts on various industries. According to Xiao Feng, “Blockchain’s transformative potential represents a new paradigm shift that will redefine industries through decentralization and transparency.” The festival traditionally sparks interest in native market tokens, influencing liquidity and transactions.
Past events like 2023 and 2024 editions have shown that such forums lead to short-term spikes in cryptocurrencies. Projects like Ethereum and Solana might experience volatility due to the festival’s focus and announcements.
The festival serves as a platform for shaping blockchain’s future in Asia. Xiao Feng and other leaders contribute to dialogue around regulation, reflecting a growing trend toward innovation and adaptation in the sector.