Cai Wensheng Invests HK$650 Million in Hong Kong AI-Web3 Hub

According to Cai Wensheng, the HK$650M AI-Web3 startup hub in downtown Hong Kong is fully occupied, while he predicts native crypto market capitalization could reach $40 trillion in a decade.

Summary

According to Meitu founder Cai Wensheng at Hong Kong Fintech Week 2025, he spent HK$650 million purchasing a downtown Hong Kong building to establish an AI-Web3 startup hub, which is now fully occupied. Cai emphasized Hong Kong’s strong talent base and projected the native cryptocurrency market capitalization could increase tenfold to $40 trillion within ten years.

Terms & Concepts
  • Web3: A decentralized internet ecosystem built on blockchain technology, enabling peer-to-peer interactions without centralized control.
  • Market Cap: The total value of a cryptocurrency or market, calculated by multiplying the current price by the total supply of coins or tokens.
  • AI-Web3 Hub: A business center integrating artificial intelligence with Web3 technologies to foster innovation and startup growth.