CashOn, a fintech company specialising in Web3 applications, has launched Hong Kong’s first digital currency lending matching platform, facilitating cash liquidity access for digital currency holders. The platform, which compares quotes from various financial firms, aims to bridge digital and fiat currencies effectively. CashOn’s co-founders highlighted the supportive regulatory environment in Hong Kong as a catalyst for fintech growth. With plans to expand into the ASEAN market, the company aims to innovate Web3 e-payment solutions for merchants and virtual asset holders. CashOn has also engaged over 100 licensed lenders, with more than 50 agreeing to accept virtual assets as collateral. The company’s use of blockchain and AI technologies ensures secure, efficient financial transactions and aims for significant growth in market value and influence in the digital economy.