Vaulta and Fosun Wealth Holdings to build Hong Kong blockchain financial infrastructure project

Vaulta (formerly EOS Network) announced a strategic partnership with Fosun Wealth Holdings, a subsidiary of Fosun International, to focus on the virtual asset platform "FinChain" launched by Fosun. The partnership combines Vaulta's technology platform with Fosun's financial resources to introduce blockchain technology to financial services in Hong Kong and Asia.

Cooperation content and technical support

Vaulta will provide its complete BankingOS system suite and its digital banking platform exSat in this partnership. These technologies will support functions such as asset issuance, revenue generation and encrypted payments, building the core infrastructure of FinChain. Through exSat, Vaulta will provide on-chain banking services for FinChain to support the issuance and management of digital assets.

Fosun Wealth Holdings will provide its existing financial licenses and real world asset (RWA) issuance capabilities to support FinChain's compliance operations. This partnership will enable Vaulta and exSat to expand their blockchain native banking services under the regulatory framework.

Strategic Significance and Future Outlook

Fosun Wealth Holdings Digital Asset Director Zhao Chen said: "Vaulta and exSat provide us with the products and digital banking capabilities needed to realize the FinChain vision." This cooperation marks Vaulta's transformation from a public chain network to a blockchain financial platform for enterprises and institutions.

The FinChain project aims to combine traditional financial services with blockchain technology to promote the compliant issuance and management of digital assets. Through this cooperation, both parties hope to promote the development of Web3 financial infrastructure in Asia and even globally.

As an Asian financial center, Hong Kong is actively promoting the application of blockchain technology in the financial field. This cooperation is expected to bring new technical support to Hong Kong's financial services and enhance its competitiveness in the global financial technology field.

The cooperation between Vaulta and Fosun Wealth Holdings is not only a combination of technology and financial resources, but also represents the deep integration between traditional financial institutions and blockchain technology providers. As the FinChain project advances, it is expected that more financial products and services will be digitized and compliant through blockchain technology, providing users with a more efficient and secure financial experience.