Xiao Feng’s opening speech: Public chains will become a new generation of financial infrastructure, and the issuance of new assets can achieve value co-creation

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Foresight News on-site report, the "2025 Hong Kong Web3 Carnival" was officially opened in Hong Kong. Xiao Feng, chairman of Wanxiang Blockchain and chairman and CEO of HashKey Group, stated in the opening speech "Public Chains: A New Generation of Financial Infrastructure" that "public chains, as a new financial infrastructure, can enable programmable transaction settlement through smart contracts, change the process of money creation, and achieve disintermediation and transparent mechanisms. In the future, through media such as stablecoins and CBDCs, a new generation of programmable monetary payment and settlement system can be built. The new capital market and financing models created by new asset issuance can realize value co-creation."

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