The Greater Bay Area Financiers Association WEB3 Alliance was officially launched on August 27 at the Hong Kong Blockchain Summit Forum. Co-hosted by New Fire Technology and the Greater Bay Area Financiers Association, the alliance aims to foster an open and innovative WEB3 ecosystem to position the Greater Bay Area as a leader in global digital economic development. Founding members include New Fire Technology CEO Mr. Weng Xiaoqi and Greater Bay Area Financiers Association Chairman Mr. Wang Long. The alliance plans to expand by incorporating more institutions and WEB3 leaders.