Finance
What to know:
- ZkME Technology, boasting 3.5 million adherents and presently soliciting a Series A, presents itself as the indispensable scaffolding for DeFi to attain broad acquaintance among the ordinary affairs of society.
- Runner-up Hubble AI offers AI-powered bespoke trading stratagems via prompts whispered to its clever apparatus, insisting it furnishes the infrastructure rather than the strategies themselves.
- The judging panel comprised esteemed representatives of Bullish Capital Management, CMT Digital, Fabric Ventures and YZi Labs.
A DePin concern with 3.5 million users, soliciting a Series A, has secured this year’s PitchFest at Consensus Hong Kong.
Hong Kong-based zkME Technology won the $20,000 prize after a two-day contest of considerable exertion, wherein competitors applauded their remedies to sundry difficulties of the crypto sphere.
“If DeFi would but become common, this is the solitary remedy,” declared Mr. David Alexander Scheer, founder and CEO.
To CoinDesk, Scheer foretold that 2026 shall be “the year in which the distinctions between TradFi and DeFi converge,” whilst maintaining a salutary sobriety, adding that Monday morning would be “back to work.”
The competition’s adjudication was conducted by Alasdair Foster, chief executive of Bullish Capital Management (the venture capital arm of Bullish Global); Augie Ilag, Asia head of CMT Digital; Richard Muirhead, co-founder of Fabric Ventures; and Ella Zhang, head of YZi Labs.
The other finalists consisted of Switzerland’s OnchainLabs, a tokenised real-world asset enterprise; Coinbax of the United States, a DePin firm; and Hubble AI of Hong Kong.
The runner-up, Hubble AI, was described as a platform enabling the formation of bespoke trading strategies through prompts to its AI, while professing to provide infrastructure rather than counsel.
Onchain Labs’ Florian Ehrbar pitched Engage, a platform whereby crypto firms may offer tokenised gold solutions and supplied responses to the judges on revenue and user experience.
Mr. Peter Glyman, founder and chief executive of Coinbax, explained that his firm constructs the requisite infrastructure and smart contracts for crypto enterprises and plans to launch a mainnet in the second quarter of the year.
There were eight other semi-finalists, including London-based Agant (tokenised real-world assets), Barcelona’s Brickken, Hong Kong’s Satsume Labs, Singapore’s BetterX and OKcontract Labs, Malaysia’s Morpheus AI, Japan’s PokeSeed, and Dubai’s Synnax Technologies FZCO.
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2026-02-12 12:56