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Klaytn and Finschia, 2 Korean-Japanese Blockchain giants are about to "merge", promising to create an Asian "Web3 empire"!
Klaytn, the blockchain platform backed by South Korean tech giant Kakao, and Finschia, Japan's leading blockchain backed by LINE, have officially proposed merging the two, promising to create Asia's largest Web3 ecosystem.
=> "terrible" superfusion:
Klaytn and Finschia will merge into a new blockchain that supports both EVM and CosmWasm platforms.
- The two management funds Klaytn Foundation and Finschia Foundation will also merge into one.
The new network will inherit connectivity to nearly 250 million KakaoTalk and LINE e-wallets, and more than 420 decentralized applications (dApps).
"With the ability to reach every KakaoTalk and LINE user, this new public blockchain will become a launchpad for Asia's leading IT and entertainment businesses," the two sides stated.
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