Sonic Labs has announced an investment in FinChain, a provider of institutional-grade real-world asset (RWA) services, as part of its strategy to become a leading financial settlement layer. This partnership aims to bolster RWA issuance, establish institutional-grade settlement channels, and ensure compatibility with decentralized finance (DeFi) systems, thereby broadening the application of on-chain physical assets.
FinChain, a subsidiary of Fosun Wealth Holdings, was launched last month and has already secured millions in financing. This collaboration with Sonic Labs is expected to accelerate the integration of RWAs into the blockchain ecosystem, enhancing market accessibility and operational efficiency.
Sonic Labs Invests in FinChain to Enhance RWA Services
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