Scroll Partners with Newman Capital to Host Inaugural Ethereum Hong Kong Event Empowering Web3 Developers in APAC

On August 8th, Ethereum’s native zkEVM scaling solution provider Scroll and Web3 technology venture capital firm Newman Capital announced that they will co-host the highly anticipated Ethereum Hong Kong event. The event, which will be held at Cyberport from October 22-24, 2023, will be the first event hosted by the Ethereum community in Hong Kong.

"As a global business and financial center, Hong Kong is an important link connecting East and West," said Adrian Lai, founder and managing director of Newman Capital. “The city has attracted many founders and businesses because of its access to capital markets, but there is still more work to be done at the grassroots level to foster local innovation and attract global talent. As a Hong Kong native, I am excited for Newman to be able to develop We are very excited to play a role on the developer side, thereby establishing Hong Kong as a true global blockchain hub."

According to statista.com, the market opportunity for blockchain applications in China is expected to reach nearly $9.7 billion by 2030. Hong Kong is strategically positioned to optimize its role as the gateway to China and the more than 520,000 developers building technology applications in the country.

Ethereum Hong Kong recognizes the growing need to enhance and connect Web3 developer platforms in Hong Kong and across the Asia-Pacific region, creating a collaborative environment to support the development of a developer-focused Ethereum ecosystem. By bringing together developers, investors and industry leaders, the event will foster knowledge sharing, collaboration and innovation within the Web3 space.

Sandy Peng, Co-Founder of Scroll, said: "We are eager to work with a dedicated team to bring this transformative experience to Hong Kong. This dynamic city has always embraced growth and innovation for forward-thinking businesses. Home provides countless opportunities. By providing a platform for developers who share our vision of a decentralized future, we aim to empower developers in Hong Kong and the wider APAC region to seamlessly transition from Web2 to Web3."

The Hong Kong government recently introduced a HK$30 billion mutual fund in 2023 to boost the financial sector, including fintech, blockchain and digital assets. The fund aims to provide grant and funding opportunities to blockchain entrepreneurs, fostering innovation and growth in the field. Additionally, Hong Kong has maintained a regulatory framework that promotes openness and encourages the development of blockchain and cryptocurrency-related businesses.

Ethereum Hong Kong provides participants with an immersive experience that provides opportunities for networking, knowledge exchange and collaboration. Developers, entrepreneurs, investors and blockchain enthusiasts who are interested in participating in Ethereum Hong Kong activities can obtain more information and submit inquiries through the official website:

About Newman Capital

Newman Capital is a Hong Kong-based venture capital firm with operations in Asia and the United States, among other regions. With extensive knowledge and network, the company is able to communicate and integrate with different communities, including the gap between East and West, Web2 and Web3, developed and emerging markets, etc. Newman Capital seeks out aspiring founders and breakthrough technologies on the frontiers of Web3, connecting them with top-tier resources to open up new opportunities and channels. For more information, please visit:

About Scroll

Scroll is a zk-Rollup fully equivalent to the Ethereum Virtual Machine (EVM), designed to provide scalability for the Ethereum network. Scroll strives to provide users with near-instant and cost-effective transactions, along with the high security properties offered by the Ethereum network. As a community-focused and fully open-source ecosystem, Scroll aims to make blockchain scalability accessible to billions of users. Through its zkEVM protocol layer, developer tools, and decentralized applications, Scroll aims to unlock the potential of Web3 with the same security as the Ethereum blockchain. For more information, please visit: