Listed Hong Kong Stock Yunfeng Financial Soars Over 31.99%, Set to Enter Web3.0, RWA, Digital Currency Areas
BlockBeats News, July 15th, according to market data, the Hong Kong-listed company Yunfeng Financial (HK0376) opened with a more than 31.99% increase, with a trading volume of 284 million Hong Kong dollars.
Yunfeng Financial today released a voluntary announcement titled "Strategic Investment in Frontier Areas such as Web3.0, RWA, Digital Currency, ESG Zero Carbon Assets, etc."
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0G collaborates with Nanyang Technological University, Singapore to jointly launch a $5 million decentralized AI research initiative
Nanyang Technological University, Singapore (NTU Singapore), has partnered with decentralized AI infrastructure company Zero Gravity (0G) to launch a S$5 million research center aimed at advancing blockchain-based artificial intelligence technology.
This marks 0G's first collaboration with a university, with both parties looking to explore more transparent, accessible, and accountable AI systems.
The collaborative initiative will fund multiple research projects, covering decentralized AI training, blockchain-integrated model alignment mechanisms, and the "Proof-of-Useful-Work" consensus mechanism, among other areas.
Through blockchain technology, the initiative aims to record and validate every step of AI processing, achieving end-to-end traceability and transparency unlike traditional closed systems. The four-year program will nurture the emerging decentralized AI community in Asia through workshops, hackathons, scholarship programs, and open-source collaborations. The first batch of proof-of-concept results is expected within two years, with initial pilot applications focusing on sectors such as finance, healthcare, and smart infrastructure.
Michael Heinrich, Co-Founder and CEO of 0G, stated, "Our mission is to make AI a public resource. Through our partnership with Nanyang Technological University, we will collaborate with global leaders in the fields of blockchain and computing to drive AI away from centralization monopolies, collectively build an open ecosystem, and enable developers, institutions, and communities to participate, validate, and audit."
The School of Computer Science and Engineering at Nanyang Technological University and its Centre for Computational Finance Technology (CCTF) will spearhead research in scalable model training, AI governance, and blockchain security frameworks, further solidifying Singapore's position as a hub for open and decentralized AI innovation.

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