29 August 2025 | Friday | News
Picture Courtesy | Public Domain
FinChain, a Web3 brand incubated by Fosun Wealth Holdings, officially launched and announced that it has signed agreements with a group of investors in connection with its first round of external financing, for an investment of several million U.S. dollars. On the same day, Fosun Wealth Holdings and FinChain also partnered with seven leading Web3 institutions to create a new ecosystem for crypto finance. These milestones not only underscore FinChain's active role in developing Web3.0 infrastructure in the Asia-Pacific region but also mark a significant expansion of Fosun Wealth Holdings' strategic footprint in the Real World Asset (RWA) sector.
On the same day, "Stablecoin & RWA Innovation Forum" was held in Hong Kong, co-hosted by FinChain, Vaulta (formerly EOS Network), a globally renowned Web3 public blockchain, and Feixiaohao, a prominent blockchain rating agency. The event brought together over 200 financial executives, scholars, and entrepreneurs from organizations including Fosun Wealth Holdings, Solana, OSL, CipherBC, Matrixport, Animoca Brands, RD Technologies, Standard Chartered, Circle, BOCOM International, BNY Mellon, Bank of China (Hong Kong), SoftBank Asia, ICBC Asia, BITFUFU, and other major crypto infrastructure institutions.
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