Hong Kong’s leading Web3.0 venture capital firm, Hailstone Labs, announced yesterday (25th) that it has signed a Memorandum of Understanding (MOU) with ABCDE Highlight, a renowned Web3.0 incubator based in Singapore. The two parties will collaborate to promote the shared vision of accelerating the transition from Web2.0 to Web3.0.
(Additional information:
ABCDE Research Report: New trends in DEXs, lending, and stablecoins)
This press release, provided by Hailstone Labs, does not represent the position of the platform.
On January 25, 2024, ABCDE Highlight, a prominent Web3.0 incubator based in Singapore, and Hailstone Labs, a top Web3.0 venture capital firm in Hong Kong, officially signed a Memorandum of Understanding (MOU), marking the establishment of a strategic partnership between the two parties.
With a shared vision to accelerate the transition from Web2.0 to Web3.0, the two parties will collaborate to drive innovation and set new industry standards, focusing on Asia while aiming for a global perspective, and creating a more inclusive and decentralized digital era.
Leveraging collective expertise in the interconnected Web3.0 ecosystem, ABCDE Highlight plays a pivotal role in incubating and co-founding Web3.0 infrastructure projects. Hailstone Labs, as a research-driven leading venture capital firm in Asia, is dedicated to nurturing influential projects. The two parties will strategically collaborate to establish a vibrant and interconnected Web3.0 ecosystem.
Moving from Web2.0 to Web3.0 at full speed, Web3.0 has the potential to disrupt the future, but its full potential has yet to be fully utilized. Therefore, ABCDE Highlight and Hailstone Labs are committed to bridging the gap and transitioning Web2.0 to Web3.0. The two parties will jointly build an extensive professional network to help entrepreneurs with a vision for Web3.0 transform their visions into strategies.
At the same time, ABCDE Highlight and Hailstone Labs provide valuable resources for Web3.0 projects, collectively investing in innovation and development surrounding the pillars of Web3.0, including decentralized infrastructure, smart contracts, decentralized applications, cryptocurrencies, and digital assets.
ABCDE Highlight and Hailstone Labs engage in strategic cooperation with a forward-looking perspective, seamlessly navigating the dynamic and ever-changing field of Web3.0, promoting knowledge sharing and creating a more fair, transparent, and user-centric digital age.
About ABCDE Highlight:
ABCDE Highlight is a Web3.0 incubator and startup accelerator focused on the Asia-Pacific region. Through a robust ecosystem consisting of exchanges, media, listed companies, SaaS companies, and developer platforms, our main goal is to support innovative founders, projects, and blockchain, accelerating their growth and overcoming challenges in scaling in the cryptocurrency field.
ABCDE Highlight is composed of a strong team of native crypto advisors with over 20 years of experience in the crypto industry. Our advisors include Du Jun, Co-founder of Huobi, ABCDE, New Huo (1611.HK), and Jinse Finance, as well as Bman, Managing Partner of ABCDE.
About Hailstone Labs:
Hailstone Labs, headquartered in Hong Kong, is a team composed of researchers, engineers, designers, operators, and cryptocurrency experts dedicated to building the next digital economic era. From conceptualization to comprehensive project implementation, Hailstone Labs demonstrates its long-term strategy and practical spirit, benefiting its portfolio and advisory clients. Hailstone Labs’ venture capital division actively invests in promising startups.
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