On October 23, 2025, the 11th Global Blockchain Summit has already kicked off in Shanghai. The event is being held at the Hyatt on the Bund hotel, where the first summit of this series also took place. The organizer was Wanxiang Blockchain Labs. This is stated in a press release read by the Incrypted team.

The current theme of the event is Web3 Unbounded. Participants from around the world discuss key industry challenges and opportunities, the latest advancements, solutions, trends and policies in Web3 and cryptocurrencies, the press release said.

Dr. Xiao Feng, chairman and CEO of China Wanxiang Holdings, as well as chairman of Wanxiang Blockchain and CEO of HashKey Group, opened the summit with a speech emphasizing that the blockchain industry is moving toward mass adoption and regulated development. He urged participants to join forces to create common standards and regulations to make blockchain a key next-generation infrastructure for the global financial system.

The summit program includes dozens of panel discussions and presentations. Among the topics: solutions for Web3, payment systems, AI adoption and crypto-infrastructure of the future.

The theme of Web3 Unbounded symbolizes the industry’s desire for openness, interoperability and integration of technologies without borders, the organizers said.