Blockchain innovation hub Astar Network has partnered with Shibuya, the Tokyo ward famed for its commerce and finance. The agreement will see Astar support Shibuya’s new Web3 initiative and host events that support this strategy.

The partnership between Astar Network and Shibuya is the first of its kind, marking a landmark agreement between a Japanese blockchain and one of Tokyo’s largest and most densely populated districts.

In addition to playing a lead role in Shibuya’s Startup Support activities, Astar will host complementary events, including hackathons and educational programs focused on web3.