PANews reported on September 17th that Sonic Labs announced an investment in FinChain, an institutional-grade RWA service provider, to accelerate its strategic goal of becoming the future financial settlement layer. Through this partnership, Sonic will support RWA issuance, institutional-grade settlement channels, and compatibility with DeFi, further expanding the market application of on-chain physical assets (RWA).
It was reported last month that FinChain, a subsidiary of Fosun Wealth Holdings, was officially launched and achieved millions of dollars in financing .
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.