
Blockchain banking firm Vaulta has joined forces with Fosun Wealth Holdings to launch FinChain, a new virtual asset initiative aimed at modernizing Hong Kong’s financial infrastructure through blockchain technology. The move reflects both companies’ ambitions to lead the development of institutional-grade digital finance across Asia.
Vaulta, previously known as EOS Network, will integrate its full BankingOS product suite into the initiative. Its on-chain banking platform, exSat, will act as the backbone for digital asset issuance, crypto-based yield products, and payment functionality.
The partnership allows Vaulta and exSat to leverage Fosun’s robust regulatory positioning and real-world asset (RWA) issuance framework—key advantages in navigating Asia’s evolving digital asset landscape.
“Vaulta and exSat are delivering the infrastructure we need to accelerate FinChain’s launch and expand our digital asset strategy,” said Zhao Chen, Director of Digital Assets at Fosun Wealth.
Fosun Wealth is a subsidiary of Fosun International, a global conglomerate with operations in financial services, healthcare, and insurance across multiple continents.
This collaboration is also a cornerstone of Vaulta’s rebranding and strategic pivot toward serving institutional clients. Future phases of the partnership are expected to extend beyond Hong Kong, targeting broader adoption of Web3 financial infrastructure across key global markets.
More Stories
Circle Receives Market Perform Rating as Citizens Launches Coverage, Citing Stablecoin Expansion
XRP Maintains $2.90 Support as ETF Approvals Draw Near
Singapore Shoppers Can Now Use USDT and USDC via OKX SG’s Scan-to-Pay Feature