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Klaytn, Finschia propose merger to create join ecosystem

Klaytn Foundation and Finschia Foundation propose a merger to create a joint ecosystem , with a new mainnet and a token. In a press release on Jan. 16, Klaytn Foundation and the Finschia Foundation announced their plans to create a joint ecosystem with a user base exceeding 250 million wallets. Klaytn says the new mainnet will inherit Klaytn’s integration with Kakaotalk and Finschia’s integration with LINE. After the merger , the combined foundation will continue to pursue ecosystem expansion in real-world asset tokenization and decentralized finance through collaborations with Japanese, South Korean, and Southeast Asian partners. You might also like: Chainlink (LINK) Partners South Korea’s Klaytn Blockchain Project for Oracle Solutions Additionally, KLAY and FNSA, the native coins of the two blockchains, will be replaced by a new native coin which will be issued based on the combined total amount of KLAY and FNSA. Holders of KLAY and FNSA will be able to ...