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NFT sneaker game maker Stepn to set up first office in Hong Kong’s government-owned Cyberport as regional headquarters | South China Morning Post

Source: scmp.com scmp.com
News Snapshot:

The maker of the hit play-to-earn game Stepn, which rewards users with non-fungible tokens (NFTs) and cryptocurrencies , is setting up its first physical office at Hong Kong’s government-owned start-up accelerator Cyberport, making the city its first regional headquarters outside Australia, company co-founder Jerry Huang told the South China Morning Post The move comes as other crypto-related companies have been retreating from Hong Kong in anticipation of a new licensing regime for crypto exchanges. Covid-19-related quarantine measures have also led to an exodus in the business community. However, Huang said that the company was convinced to make the move after…

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