PANews reported on August 28 that FinChain, a Web3 brand incubated by Fosun Wealth Holdings, was officially launched in Hong Kong on August 27 and announced the completion of its first round of external financing, amounting to millions of US dollars. Strategic investors include the Solana Foundation, Animoca Brands and many other well-known institutions.

On the same day, FinChain reached a strategic cooperation with seven authoritative institutions including Feixiaohao, Matrixport, and Vaulta to jointly promote the development of the crypto financial ecosystem.