Blockchain & Digital Asset Pilot Subsidy Scheme 2.0

Commissioned by the Financial Services and the Treasury Bureau (FSTB) and administered by Cyberport, the Blockchain & Digital Asset Pilot Subsidy Scheme 2.0 (the “Scheme”) aims to foster collaboration between technology companies and enterprises, to accelerate the development and adoption of high-impact solutions in real-world asset (RWA) tokenisation, blockchain and digital assets.

The Scheme provides development-stage funding support for technology companies to partner with enterprises (Project Sponsors) to develop and test blockchain and digital asset solutions that address real business needs. It supports innovative projects with strong demonstration value and commercial potential, with the aim of nurturing benchmark use cases and accelerating the adoption of blockchain and digital asset technologies across industry sectors in Hong Kong.

Each approved project may receive funding of up to 80% of the actual project cost, with a maximum subsidy of HK$500,000.

Cyberport launched the inaugural Blockchain & Digital Asset Pilot Subsidy Scheme (Inaugural Scheme) in June 2025 and was featured in the FSTB’s Policy Statement 2.0 on the Development of Digital Assets in Hong Kong. The Inaugural Scheme received more than 200 applications and among the nine admitted projects, a majority have since been commercialised.

Drawing on the experience of the inaugural Scheme, Scheme 2.0 provides funding support for technology companies and enterprises to develop and test blockchain and digital asset solutions, strengthen collaboration between various vertical industries and the technology sector, and facilitate the adoption of innovative solutions in real-world scenarios.

For details of the inaugural Scheme and its approved projects, please visit the Phase I webpage.

Why Apply?

• Funding: Receive up to 80% subsidy, capped at HK$500,000 per approved project, to develop and test your blockchain and digital asset solution.
• Partner: Co-create with a Project Sponsor from banking, payment, insurance, securities, logistics, culture and entertainment or other industries to address real business pain points.
• Validation: Test your solution in a real-world business setting and build evidence of its commercial merit.
• Collaboration and Partnerships: Build collaboration and partnerships with industry stakeholders in the Cyberport ecosystem, which may facilitate commercial adoption and wider industry use after the pilot.
• Showcase: Approved projects will be published and announced on the Scheme webpage. Selected awarded projects and high-quality use cases may be featured for further exposure.

Apply Now by sending your application documents to dapilot@cyberport.hk

Funding Details

Each approved project will be provided with a grant of up to 80% of the actual cost incurred, with a maximum subsidy of HK$500,000 per approved project. The subsidy will be disbursed in two instalments:

• Initial Instalment (50%): Released after signing of the Funding Agreement and submission of all required supporting documents, to help kick-start the development.
• Final Instalment (50%): Released after project completion and HKCMCL’s acceptance of the required reports, documents and declarations.

Applicant Eligibility

To be eligible for funding under the Scheme, the Applicant must:

• Be a company limited by shares incorporated in Hong Kong under the Companies Ordinance (Cap. 622), or a non-Hong Kong company registered under Part 16 of that Ordinance;
• Hold a valid business registration certificate issued under the Business Registration Ordinance (Cap. 310) before submitting the application;
• Have commenced business in Hong Kong before submitting the application; and
• Be one of the following:
  • A Technology Company or Institute conducting substantive blockchain and digital asset activities in Hong Kong or overseas within the recognised Blockchain & Digital Asset Solution Categories;
  • A participant in a well-established incubation programme in Hong Kong; or
  • A new venture of a well-established technology company.

Applicants conducting substantive activities in other mainstream technologies, with a plan to adopt blockchain-related technologies to tackle existing business challenges, will also be considered on a case-by-case basis.

Project Eligibility

A qualifying project must:

• Develop a viable blockchain and digital asset solution. Projects involving early-stage activities only, such as basic research or theoretical exploration without clear application, are not eligible;
• Directly relate to a recognised Blockchain & Digital Asset Solution Category;
• Address a practical issue or pain point faced by an industry sector in Hong Kong, with no prior use case in the Hong Kong market;
• Be governed by a written Sponsorship Agreement between the Applicant and an eligible Project Sponsor; and
• Demonstrate strong potential for commercial adoption.

The project scope, new components and overall use cases must not have been commercially adopted for production use by the Project Sponsor before the application is submitted.

Project Sponsor

Each application requires a qualified Project Sponsor that is actively engaged and committed to seeing the project through to completion. An eligible Project Sponsor may be:

• A well-established local firm that can benefit from blockchain and digital asset innovation;
• A local organisation playing an active role in facilitating blockchain and digital asset adoption (e.g. legal firm, liquidity provider, accelerator programme);
• A financial institution licensed under the regulatory remit of the HKMA, SFC, Insurance Authority or MPFA; or
• An overseas sponsor expanding in Hong Kong, with a use case benefitting businesses or individuals in Hong Kong.

For the full eligibility requirements, please refer to the Guide and Notes for Applicants.

The Scheme welcomes high-impact projects across the following solution categories and application domains.

The full list can be found in Appendix 1 of the Guide and Notes for Applicants.. Other blockchain and digital asset solution categories will also be considered on a case-by-case basis.

Applicants shall submit their application, together with all required documents listed in the “Submit Your Application” section, by email to dapilot@cyberport.hk.

The dates above may be subject to change. The schedule announced on this webpage will be used as the primary reference.

Each eligible application will be assessed on its individual merits and on a case-by-case basis. Recommendations from an Advisory Panel comprising members from regulatory bodies, academia and other relevant external entities will be sought before approval. The assessment criteria and weightings are:

All application requirements are specified in the Guide and Notes for Applicants.

Step 1 | Complete Applicant Registration

Applicant eligibility will be reviewed before the right to submit a proposal is granted. Applicants are recommended to complete registration on or before 24 December 2026. Please submit:

• Applicant Registration Form;
• A bank statement from one of the major banks for one of the last three months as of the application date;
• A proof of business operation issued in one of the last three months as of the application date; and
• Documentary evidence of substantive blockchain and digital asset activities in Hong Kong, such as a signed client agreement, a proof of concept of prior blockchain and digital asset projects, a fundraising record (for companies yet to generate revenue), membership of recognised industry organisations, relevant awards or business recognition, or other equivalent proof.

Step 2 | Submit Your Proposal by 31 December 2026

• Application Form;
• Project Proposal (please refer to the Project Proposal Writing Guide in the Download section);
• Signed Sponsorship Agreement(s) with the Project Sponsor(s), signed before the application deadline and covering the project scope, timeline, deliverables and IT support to be provided by the Project Sponsor; and
• Proposal pitch video (3–10 minutes) walking through the pitch deck and key sections of the proposal, highlighting the use cases, design, business impact and benefits of the solution.

Ready to apply? Submit the completed application and required documents by email to dapilot@cyberport.hk  by 31 December 2026.

Each Applicant may submit up to three applications, provided the projects have different and distinct components or functions for different sponsors’ adoption. Each application is assessed separately.

For the full list of requirements and guidelines, please refer to Appendix 2 of the Guide and Notes for Applicants before submission.

Please download and review the relevant documents before submission.

Contact HKCMCL for any enquiries about the Scheme and applications.

Email: dapilot@cyberport.hk