MistTrack’s Practice and Results in HK Cyberport’s Blockchain & Digital Asset Pilot Subsidy Scheme

Recently, as a number of authoritative Hong Kong media retailers launched critiques and summaries of the first-phase outcomes of HK Cyberport’s Blockchain & Digital Asset Pilot Subsidy Scheme，the blockchain anti-money laundering (AML) monitoring system MistTrack, independently developed by SlowMist, has additionally obtained additional recognition for its sensible achievements in the fields of digital asset safety and compliance as one of many shortlisted initiatives.

MistTrack’s Application Progress and Phased Achievements

Launched in June this 12 months, the Blockchain & Digital Asset Pilot Subsidy Scheme goals to assist exemplary and high-impact blockchain and digital asset functions in testing and deployment inside real-world environments. The scheme attracted sturdy curiosity, receiving over 200 functions, of which solely 9 initiatives had been in the end chosen. The first section concerned belongings totaling greater than HKD 120 million.

Li Yizheng, Director of Blockchain and Digital Assets at Cyberport, famous that almost half of the shortlisted pilot merchandise have both efficiently commercialized or are getting ready for commercialization, demonstrating the scheme’s tangible effectiveness in driving innovation to market. Among them, SlowMist was explicitly acknowledged as a consultant mission and described as a “key instrument for digital asset safety and compliance.”

MistTrack has grow to be a necessary instrument for a variety of economic establishments, exchanges, Web3 initiatives, and compliance groups. With the assist of the pilot subsidy scheme and collaboration with ecosystem companions similar to HashKey, MistTrack has undergone systematic functionality upgrades. New superior options embrace threat report snapshots, clever fund tracing, and world evaluation of particular tokens, enabling clear visualization of complicated on-chain fund flows and considerably bettering the effectivity of threat administration and compliance audits for digital asset transactions.

These enhancements have already delivered tangible outcomes in real-world eventualities. In the second quarter of 2025 alone, MistTrack assisted in the profitable freezing or restoration of roughly USD 11.95 million in digital belongings throughout 11 theft-related circumstances. The related investigation and analytical findings have additionally been adopted by a number of worldwide organizations, together with the United Nations Security Council, the U.S. Department of the Treasury, and the United Nations Office on Drugs and Crime (UNODC), offering technical assist for world anti-money laundering and compliance collaboration.

Security Is the Core of Any Fund Transaction

Drawing on MistTrack’s real-world functions, Tony Tan, Head of the SlowMist Hong Kong Community, said in an interview with Hong Kong China News Agency that source-of-funds investigations, AML threat assessments, and fund tracing analyses act as “escorts” for digital asset transactions, safeguarding their integrity. Among all issues, “safety” stays essentially the most basic and vital factor of any fund transaction.

Tony Tan emphasised that safety shouldn’t be handled merely as a post-incident treatment, however moderately embedded all through the whole transaction lifecycle. “In safety, sluggish means clean, and clean means quick,” he defined. Only when dangers might be recognized in advance and fund flows clearly reconstructed can digital asset transactions obtain a real stability between compliance and effectivity.

Conclusion

Previously, MistTrack obtained the HKICT Awards FinTech Gold Award for its modern practices in regulatory expertise, underscoring its core worth in advancing safety, compliance, and sustainable growth inside Hong Kong’s digital asset ecosystem.

This newest wave of protection by authoritative media and official channels as soon as once more validates MistTrack’s sensible worth throughout the Cyberport pilot scheme and displays Hong Kong’s agency dedication to constructing a safe, compliant, and sustainable digital asset ecosystem. Looking forward, SlowMist will proceed to deepen technological innovation and ecosystem collaboration, selling the deployment of extra clever and environment friendly anti-money laundering and risk-tracking capabilities in Hong Kong and globally, and offering strong assist for the long-term, wholesome growth of the digital asset trade.

About SlowMist

SlowMist is a risk intelligence agency centered on blockchain safety, established in January 2018. The agency was began by a group with over ten years of community safety expertise to grow to be a worldwide pressure. Our purpose is to make the blockchain ecosystem as safe as attainable for everybody. We are actually a famend worldwide blockchain safety agency that has labored on numerous well-known initiatives similar to HashKey Exchange, OSL, MEEX, BGE, BTCBOX, Bitget, BHEX.SG, OKX, Binance, HTX, Amber Group, Crypto.com, and many others.

SlowMist affords quite a lot of companies that embrace however will not be restricted to safety audits, risk data, protection deployment, safety consultants, and different security-related companies. We additionally provide AML (Anti-money laundering) software program, MistEye (Security Monitoring), SlowMist Hacked (Crypto hack archives), FireWall.x (Smart contract firewall) and different SaaS merchandise. We have partnerships with home and worldwide corporations similar to Akamai, BitDefender, RC², TianJi Partners, IPIP, and many others. Our in depth work in cryptocurrency crime investigations has been cited by worldwide organizations and authorities our bodies, together with the United Nations Security Council and the United Nations Office on Drugs and Crime.

By delivering a complete safety resolution custom-made to particular person initiatives, we are able to determine dangers and stop them from occurring. Our group was capable of finding and publish a number of high-risk blockchain safety flaws. By doing so, we may unfold consciousness and increase the safety requirements in the blockchain ecosystem.