The Asia-Pacific (APAC) region has been a powerhouse in 2023 for Web3 innovation and adoption. From fostering capital inflow into Web3 media and investment and hosting some of the world’s largest blockchain events to spearheading the convergence of traditional finance and decentralized finance (DeFi), the APAC region has shown remarkable energy and momentum, and set the stage for the next bull market cycle in the crypto world.

APAC investment has been accelerating in a year when global investment in Web3 seemed to be slowing down. 

A prime example is Singapore-based Foresight Ventures’s acquisition of The Block — a top-tier crypto news and data provider — for a whopping $70…

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