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Klaytn Foundation: Klaytn and Finschia Merge Proposal Passes, Creating Asia s Largest Blockchain Ecosystem
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Klaytn and Finschia Get Nod to Launch Asia s Largest Blockchain Ecosystem
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Klaytn Foundation, operator of South Korea's leading Layer 1 blockchain Klaytn, announced today that its joint network merger proposal with Finschia Foundation, the Abu Dhabi-based foundation that is the independent successor to LINE Blockchain's mainnet and digital asset operations, has successfully passed voting by the two bodies' governance members. Accordingly, the two foundations will jointly launch an integrated mainnet to establish Asia's largest Web3 ecosystem.
CertiK Joins Finschia (formerly LINE Blockchain) Blockchain as Governance Member and Node Validator after Audit
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Abu Dhabi, United Arab Emirates – May 30, 2023 – The Finschia Foundation, the Abu Dhabi-based non-profit organization that is the independent successor to LINE Blockchain’s mainnet and digital asset operations, has completed the transition of the second-generation blockchain mainnet, “Daphne”, to the third-generation public mainnet, “Finschia.” It also changed the name of the native crypto asset LINK (LN) to FINSCHIA (FNSA).