Hong Kong tycoon acquires Fo.com to enter Web3 and obtains $100 million in financing!

In the critical period of deep integration of blockchain technology and Web3 concepts and reshaping of the Internet landscape, the strategic value of domain names has become increasingly prominent.

Yesterday, at a highly anticipated press conference held in Hong Kong, Qian Fenglei, a well-known philanthropist and chairman of Hengfeng International, announced the acquisition of the valuable Fo.com domain name, officially starting his new journey in the Web3 field and fully entering the construction of the blockchain ecosystem. At the same time, DN.com was invited to participate in this press conference and was fortunate to witness the release of this great domain name and brand.

As a celebrity in the fields of charity and investment, Qian Fenglei has long been ranked in the Top 100 of the Hurun and Forbes Charity Lists. His charitable donations have accumulated to hundreds of millions of yuan, and he has made outstanding contributions to public welfare. At the same time, he has a great reputation in the investment community for his important investment position in Yunfeng Fund and Hongtai Fund, as well as precise investments in projects such as Ant Financial, Kuaishou, and Ali Health.

(Hengfeng International Chairman Qian Fenglei and DN.com CEO Jack)

This foray into the Web3 field and the acquisition of the Fo.com domain name is another major breakthrough in its business layout. In the upcoming blockchain ecosystem FO-X, the Fo.com domain name will become a key hub for user access and identification with its simplicity and high recognition, laying a solid foundation for the entire ecosystem.

What is particularly striking is that Hengfeng International has taken a key step in the blockchain field this time and announced the completion of US$100 million in financing. Among them, Qian Fenglei himself invested US$50 million, demonstrating his strong confidence and strong support for the project, and the rest of the funds came from his 50 old friends. Hengfeng International also launched its first product, the instant messaging software FoChat, and officially entered the field of blockchain technology applications.

This series of measures will undoubtedly set off a new wave in the blockchain industry, and its subsequent development deserves high attention from all walks of life. If you have similar projects or domain name needs, DN.COM, as an international domain name trading platform, can provide you with all-round support.