LK Venture, a subsidiary of Hong Kong listed company Blue Harbour Interactive, announced a comprehensive strategic partnership with Web3Labs, aiming to further strengthen investment and incubation in the Web3 field and jointly promote technological innovation and commercial applications in the industry.

Through this cooperation, the two parties will focus on the Bitcoin network ecology, the intersection of artificial intelligence (AI) and Web3, blockchain games, Ethereum layer 2 applications, emerging blockchain technology stacks, and other fields, combined with LK Venture's experience in encrypted investment and research, as well as Web3Labs' professional capabilities in innovative project incubation and acceleration, to jointly develop and support innovative Web3 projects and strive to provide a more complete development platform for global Web3 entrepreneurs.

Next, LK Venture and Web3Labs will disclose their cooperation plans for investment and incubation in the Web3 field, empowering more high-quality innovative projects.

Wang Feng, Chairman of Blue Harbour Interactive and founder of LK Venture, said that Blue Harbour Interactive is accelerating its layout of Web3 technology and applications, and LK Venture will fully leverage its professional investment and research advantages in the Web3 field to provide more resource support for innovative projects. We hope that through this cooperation with Web3Labs, we can bring new vitality and innovation opportunities to the development of the Web3 industry.

Huang Junlang, CEO of Web3Labs, said that we are pleased to cooperate with industry-leading organizations such as LK Venture, which will greatly promote our support for Web3 entrepreneurial projects in Hong Kong and globally, and provide richer and higher-quality resources for innovators, entrepreneurs, and investors.