Vaulta, formerly known as EOS Network, has partnered with Fosun Wealth Holdings to introduce blockchain infrastructure to Hong Kong’s financial sector through its digital banking platform.
The collaboration revolves around “FinChain,” a virtual asset business established by Fosun Wealth Holdings, a part of the Fosun International conglomerate which also operates regional insurance and healthcare businesses in Europe, Asia, and the Americas.
Vaulta will provide its complete BankingOS suite, with exSat, its digital banking platform, acting as the on-chain banking layer for asset issuance, yield generation, and cryptocurrency payments, as per a press release received by CoinDesk.
Through this partnership, Vaulta and exSat will leverage Fosun’s existing financial licenses and real-world asset (RWA) issuance capabilities, enabling them to expand blockchain-native banking services within regulatory frameworks.
For Zhao Chen, Director of Digital Assets at Fosun Wealth, this collaboration signifies the deployment of cutting-edge financial products supported by robust infrastructure.
“Vaulta and exSat bring the necessary product vision and digital banking capabilities to materialize FinChain,” Zhao Chen stated in the announcement.
This initiative forms part of Vaulta’s rebranding and expansion into institutional-grade blockchain finance, with anticipated future collaborations focusing on Web3 financial infrastructure in Asia and beyond.
