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HashKey Group and Kaia Join Forces to Accelerate Web3 Adoption in Asia

Sep 2, 2024
  1. Partnership Details and Merger Implications
  2. Kaia Rebranding and Mainnet Launch
  3. HashKey's Partnership with Catizen

HashKey Group, a digital asset services provider in Asia, has announced its partnership with Kaia, formerly known as Klaytn. This marks the first collaboration after the rebranding.

Partnership Details and Merger Implications

According to the press release, the partnership aims to further plans in the digital Asian market, supporting the Kaia–Finschia merger to establish 'the largest Web3 governance platform in Asia.' The integration aims to create a highly competitive mainnet ecosystem by combining the strengths of Klaytn and Finschia and will work with partners like Kakao and LINE to drive ecosystem expansion.

'The integration aims to create a highly competitive mainnet ecosystem by combining the strengths of Klaytn and Finschia ... and will work with partners like Kakao and LINE to drive ecosystem expansion.'None

Kaia Rebranding and Mainnet Launch

On Aug. 29, Kaia launched its mainnet to provide Telegram-like applications to the popular Asian social messaging platform LINE. The Ethereum Virtual Machine-based layer-1 blockchain was founded by two of Asia’s top social messaging apps, Kakao and LINE. Parallel to the mainnet launch, the rebranded blockchain revealed Kaia Wave, a program allowing developers to create mini-decentralized applications that function on the LINE messaging application.

HashKey's Partnership with Catizen

On Aug. 19, HashKey Group partnered with the Telegram Mini App, Catizen, becoming the group’s first Web3 partner. The collaboration enabled the licensed HashKey Global exchange to provide Catizen users with regulatory 'compliant and reliable digital asset services.' HashKey’s decision to partner with the Telegram Mini App resulted from The Open Network (TON) ecosystem’s rapid growth, which Ben El-Baz described as 'rapidly increasing.'

The partnership between HashKey Group and Kaia represents a significant step towards accelerating the adoption of Web3 technologies in Asia and beyond. The goal is to create a strong and competitive ecosystem that supports numerous innovations in the digital sphere.

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