Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,567)
  • Analysis (1,745)
  • Bitcoin (2,334)
  • Blockchain (1,391)
  • DeFi (1,628)
  • Ethereum (1,584)
  • Event (58)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,671)
  • Press Releases (3)
  • Reddit (987)
  • Regulation (1,559)
  • Security (2,214)
  • Thought Leadership (3)
  • Videos (42)
Hand picked
  • EMJ Capital founder Eric Jackson says approved Ether staking ETFs could kick off a rally that could see it rise by more than 100-fold and eventually hit $1.5 million per token.
  • TAC is available for trading!
  • Tether prepares to bring usdt to the United States like Trump Signs Genius Act
  • How to use Google Gemini to transform news from cryptography into commercial signals
  • The house adopts key invoices, XRP in Ath and more
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Blockchain»Vaulta, Fosun is associated with blockchain infrastructure in Hong Kong
Blockchain

Vaulta, Fosun is associated with blockchain infrastructure in Hong Kong

June 1, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Df9f1a75636b8bc1ae82ee873b7d7a30e1b25182 1920x1440.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


Vaulta, formerly known as Eos Network, and its digital banking platform joined forces with Fosun Wealth Holdings to provide blockchain infrastructure to the Hong Kong financial sector, companies said.

The partnership focuses on “Finchain”, a virtual asset company launched by Fosun Wealth Holdings, which is part of the Fosun international conglomerate.

This conglomerate includes various companies, including regional insurance leaders and health leaders in Europe, Asia and the Americas.

Vaulta will provide its complete banking suite, while the ESSAT, the Vaulta digital banking platform, will serve as a chain bank layer for asset issuance, the creation of elements and cryptographic payments, according to a press release shared with Coindesk.

The agreement allows Vaulta and the ESSAT to draw from the existing financial licenses of Fosun and the emission capacities of real assets (RWA), which gives them a regulatory springboard to scale the native banking services of blockchain.

For Zhao Chen, director of digital assets at Fosun Wealth, collaboration provides the infrastructure necessary to deploy new generation financial products.

“Vaulta and Exsat bring the vision of the product and the digital banking capacities that we need to make finchain a reality,” he said in the announcement.

The initiative is part of the brand change and the wider expansion of Vaulta in the finance of the blockchain of institutional quality. The partnership should lead to more collaborations focused on web3 financial infrastructure across Asia and beyond.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleThe binance boundaries accumulate Ethereum again-is history repeated?
Next Article Cointelegraph Bitcoin & Ethereum Blockchain News

Related Posts

Blockchain

The teacher uses the blockchain to create a decentralized AI system

July 19, 2025
Blockchain

Does Pakistan are heading for the Ruepie accident with a blockchain crutch? The Minister Visit El Salvador for Crypto Push – Firstpost

July 19, 2025
Blockchain

Bitcoin.com Newsripple extends the imprint of the water blockchain with real estate and the custody of Dealripple revolutionizes world real estate while Dubai adopts his big book XRP for

July 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Videos

GatherVerse S.H.E. Summit _ February 14, 2025

July 18, 2025

The “Fund Her” panel at the 2025 GatherVerse S.H.E. Summit was an urgent call to…

Event

Internet Computer Launches the World Computer Hacker League: A Global Stage for Web3 Innovators

July 15, 2025

July 2025 – The Internet Computer Protocol (ICP), in collaboration with the global ICP Hubs…

1 2 3 … 50 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Tether prepares to bring usdt to the United States like Trump Signs Genius Act

July 19, 2025

US House erases Clarity Act-How will it have an impact on cryptography policies?

July 19, 2025

The brand new Ethereum Altcoin ecosystem is tearing out by more than 80% on the first day of negotiation after the lists of Coinbase and Binance

July 19, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 118,139.65
ethereum
Ethereum (ETH) $ 3,559.50
xrp
XRP (XRP) $ 3.43
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 731.75
solana
Solana (SOL) $ 177.79
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.242334
staked-ether
Lido Staked Ether (STETH) $ 3,553.40
tron
TRON (TRX) $ 0.319885