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Kaia DLT Foundation is Officially Incorporated in the Abu Dhabi Global Market

Twitter icon  •  Published 4 months ago on August 19, 2024  •  Hassan Maishera

The Klaytn Foundation, which recently merged with the Finschia blockchain to become Kaia, announced via X on Friday that the Kaia DLT Foundation has now been incorporated into the Abu Dhabi Global Market (ADGM).

Kaia DLT Foundation is Officially Incorporated in the Abu Dhabi Global Market

The Klaytn Foundation, which recently merged with the Finschia blockchain to become Kaia, announced via X on Friday that the Kaia DLT Foundation has now been incorporated into the Abu Dhabi Global Market (ADGM).

This strategic move positions Kaia DLT Foundation at the heart of one of the world’s most dynamic hubs for global tech and hybrid finance. The foundation’s presence in ADGM will be pivotal in accelerating the adoption of Web3 infrastructure and applications, mainly as they aim to bridge the gap between global investors, developers, and Asia’s rapidly expanding Web3 market.

Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao, with 50 million users worldwide. KLAY is up 3% in the last 24 hours and now trades at $0.1545 per token.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.