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Vaulta collaborates with Fosun Wealth Holdings to provide Blockchain infrastructure services.
Gate News bot message: Vaulta (formerly EOS Network) has established a partnership with Fosun Wealth Holdings to jointly provide blockchain infrastructure services for the financial industry in Hong Kong, China. This collaboration focuses on Fosun's virtual asset business "FinChain".
In collaboration, Vaulta is responsible for providing the BankingOS suite and the exSat digital banking platform, supporting asset issuance, yield generation, and encrypted payment functions. Fosun Wealth Holdings is responsible for providing financial licenses and real-world asset (RWA) issuance services to provide compliance support for Vaulta's expansion in the blockchain-native banking services sector.
This collaboration is part of Vaulta's broader brand revitalization and expansion into the institutional-level Blockchain financial sector, which is expected to facilitate more partnerships focused on Web3 financial infrastructure in Asia and other regions.
Source: CoinDesk