Chinese Altcoins Jump After Hong Kong News: Which Altcoins Are China Linked? We’ve Lined Up 20 Of Them!

In an unprecedented move by the Hong Kong Securities Commission, from 1 June 2023, individual cryptocurrency trade will be allowed.

This groundbreaking decision led to a spike in the prices of various Chinese altcoins as investors await a new wave of opportunities in the crypto market.

As Bitcoinsistemi.com, it is important for you, with a Chinese theme. altcoins and we have compiled the necessary details.

China Based or Very Closely Related Altcoins

• Conflux (CFX): Chief among these is Conflux (CFX), a Singapore-based company whose founders are Chinese. Conflux gained attention for its large partnership with China Telecom and being financed by the Shanghai government.
• Cocos-BCX (COCOS): Cocos-BCX, a China-based project founded by Chinese developers, aims to create a platform for game and digital asset creation. It is based on the Binance Smart Chain (BSC) ecosystem and has a major partnership with Alibaba Cloud.
• IRISnet (IRIS): IRISnet, a China-based project founded by an American entrepreneur, is a cross-chain interoperability network that connects blockchains and applications. It is also based on the BSC ecosystem and has a major partnership with Asia Digital Bank.
• SelfKey (KEY): SelfKey, a Mauritius-based project founded by a Hong Kong entrepreneur, is a decentralized identity platform that allows users to control their own data and access various services. It has a major partnership with HKVAX, a Hong Kong-based digital asset exchange.
• Measurable Data Token (MDT): MDT, a Singapore-based project founded by a Hong Kong entrepreneur, is a data exchange network that rewards users for sharing their data with businesses. It has an artificial intelligence theme and works closely with Hong Kong virtual banks.
• Linear Finance (LINA): Linear Finance, a Hong Kong-based project founded by Hong Kong entrepreneurs, is a decentralized protocol that allows users to create and trade synthetic assets. LINA was a Binance Launchpad project.
• dForce (DF): dForce, a China-based project founded by a Hong Kong entrepreneur, is a decentralized finance platform that provides a variety of services such as lending, borrowing, stablecoins and yield farming. It is based on the BSC ecosystem and has received investment from China Merchant Bank, one of the largest banks in China.
• Neo (NEO): Neo, a China-based project founded by Chinese developers, is one of the oldest and most established blockchain platforms in China. It supports smart contracts, decentralized applications and digital identities. It has a major partnership with Blockchain Service Network (BSN) China, a government-backed blockchain infrastructure project.
• BARLEY (ARPA): ARPA, a China-based project founded by Chinese developers, is a privacy-protecting transaction network that provides secure data sharing and analysis. It uses ZK technology. It has a major partnership with China’s media regulator, the National Radio and Television Administration (NRTA).
• Phoenix (PHB): Phoenix, whose founder is a project based in China, is an artificial intelligence platform that leverages blockchain technology to build and deploy artificial intelligence models. It has significant partnerships with WeChat, China’s largest social media app, and Tencent Cloud, one of China’s largest cloud service providers.

Altcoins Not Chinese But With Significant Chinese Connections

• alchemy Share (ACH): Alchemy Pay, a Singapore-based project founded by Singaporean entrepreneurs, is a hybrid crypto-fiat payment platform that allows merchants and users to accept and pay with a variety of digital assets. It has a major partnership with ZD Group, a Chinese e-commerce company. It also has a partnership with CNHC, a stablecoin pegged to the Hong Kong dollar.
• Highstreet (HIGH): Highstreet, a Canadian-based project founded by American developers, is a virtual reality platform that allows users to create and explore immersive shopping experiences. It has a major partnership with Animoca Brands, a Hong Kong-based gaming company that owns popular games like CryptoKitties and F1 Delta Time.
• Filecoin (FIL): Filecoin, an America-based project founded by American developers, is a decentralized storage network that allows users to rent and sell unused disk space. He has traditional Chinese connections as most of his investors and miners are from China.
• Ontology (ONT): Ontology, a Singapore-based project founded by Chinese developers, is a blockchain platform that supports decentralized identity and data management. It has a major partnership with Shanghai QingYue, a Chinese smart city company. It also has traditional Chinese connections, as it was founded by Neo’s creator, Da Hongfei.
• IOST (IOST): IOST, a Singapore-based project founded by Chinese developers, is a blockchain platform focused on scalability and security. It has a major partnership with Hashkey Group, a Hong Kong-based digital asset management company. Hashkey Group also plans to launch Hashkey Exchange, a licensed crypto exchange in Hong Kong, in the second quarter of this year.
• LeverFi (LEVER): LeverFi, a Singapore-based project founded by Singaporean entrepreneurs, is a decentralized margin trading platform that allows users to buy and sell various crypto assets with leverage.
• The Sandbox (SAND): An America-based project founded by American developers, The Sandbox is a virtual world platform that allows users to create and play games using blockchain technology. Besides a major partnership with Animoca Brands, it also has other partnerships with universities and companies in Hong Kong.
• Tron (TRX): Tron, an American-based project founded by Chinese entrepreneur Justin Sun, is a blockchain platform that supports decentralized applications and content production. It has significant partnerships with Baidu, China’s largest search engine, and NDRC, China’s top economic planning agency.
• EOS (EOS): EOS, a Canadian-based project founded by American developer Dan Larimer, is a blockchain platform that supports decentralized applications and governance. It has significant partnerships with China’s state-backed blockchain infrastructure project BSN China and China’s largest telecom operator, China Mobile.
• Sui Network (SUI): Sui Network, an America-based project founded by American developers, is a Layer 1 blockchain platform with high transaction speed and high efficiency. It has significant partnerships with Alibaba Cloud and Tencent Cloud, two of the largest cloud service providers in China.

*Not investment advice.