2025 Blockchain Global Summit opens grandly: Web3, Boundless

On October 23, 2025, the 11th Blockchain Global Summit, hosted by Wanxiang Blockchain Labs, officially opened at the Hyatt on the Bund in Shanghai. Themed "Web3, Without Boundaries," this year's summit brought together representatives from global regulatory bodies, industry leaders, and innovators to explore the cutting-edge trends of Web3 technology, ecosystem development, and the deep integration of industries. The event was packed with distinguished guests and vibrant discussions, marking the beginning of profound intellectual exchange and industry innovation.

In the opening session, Xiang Feng, Vice Chairman and Executive Director of Wanxiang Holding, Chairman of Wanxiang Blockchain, and Chairman & CEO of HashKey Group, delivered a welcome address. He noted that blockchain technology is transitioning from early-stage technical exploration and grassroots innovation toward large-scale application deployment and standardized development. Looking ahead, he called for collective efforts to build standards and rules to steadily establish blockchain as an indispensable new infrastructure within the global financial system, expressing hope that this summit would generate valuable insights and unlock new industrial value.

Notably, the Hyatt on the Bund—the venue for this year’s summit—is the very location where the inaugural Blockchain Global Summit launched eleven years ago. This symbolic choice reflects both a return to roots and a continuation of legacy, bearing witness to blockchain’s evolution from conceptual beginnings to a thriving ecosystem. Since its first edition in 2015, Wanxiang Blockchain Labs has gathered global industry players in Shanghai each autumn, continuously advancing technological innovation and real-world applications. Additionally, the opening video, inspired by the phrase “The moon rises over the sea; we share this moment though miles apart,” traced the thematic evolution across past summits—honoring eleven years of persistence and achievement while conveying a shared vision of open collaboration and boundaryless future-building.

Over the course of one intensive day, the summit featured multiple keynote speeches and panel discussions centered on key topics including blockchain technology, payments, and artificial intelligence. Experts, scholars, and corporate representatives from around the world engaged in deep dialogue, sharing practical case studies and industry insights to collectively map out diverse pathways for Web3’s future development.

As discussions unfolded, the dynamic exchange of ideas energized the broader Web3 industry with fresh inspiration. This summit served not only as a milestone reflecting past achievements but also as a crucial launchpad for the next phase of growth. The consensus forged here holds the potential to further drive technological innovation, ecosystem expansion, and cross-industry convergence, accelerating transformative progress across the sector.

At this new historical starting point, the entire industry is moving forward together toward a more open, interconnected, and efficient future. Web3 without boundaries means not only borderless technology but also the seamless fusion of ideas, resources, and visions. Amid shared anticipation among all participants, this grand vision for the future is gradually unfolding along the Huangpu River, beneath the autumn skies of Shanghai.