Vaulta Partners with Fosun to Enhance Blockchain Banking in Hong Kong
Vaulta, formerly known as EOS Network, has partnered with Fosun Wealth Holdings to enhance blockchain infrastructure in Hong Kong's financial sector. This collaboration focuses on “FinChain,” a virtual asset business by Fosun Wealth, part of the Fosun International conglomerate.
Key points of the partnership:
- Vaulta will provide its BankingOS suite.
- exSat, Vaulta’s digital banking platform, will serve as the on-chain banking layer for asset issuance, yield generation, and crypto payments.
- The deal leverages Fosun's financial licenses and real-world asset (RWA) issuance capabilities.
- This collaboration aims to facilitate the rollout of next-generation financial products.
- It marks Vaulta’s rebrand and expansion into institutional-grade blockchain finance.
The initiative is expected to foster additional collaborations focused on Web3 financial infrastructure across Asia.