FinChain Star Chain Secures Funding from Leading Web3 Investors

FinChain Star Chain, incubated by Fosun Wealth Holdings, launched its first financing round in August, securing millions with investors like Solana Foundation and Animoca Brands participating in Hong Kong.

This significant investment highlights growing institutional interest in Hong Kong’s regulated tokenization market, potentially boosting blockchain-based asset issuance and digital products in Asia’s financial ecosystem.

FinChain Secures Multi-Million USD Investment from Web3 Giants

Fosun Wealth Holdings, a subsidiary of Fosun International Limited, announced the official launch of FinChain Star Chain. The initiative, incubated independently, has secured external financing amounting to several million USD. Major Web3 and finance organizations contributing to this funding include the Solana Foundation, Vaulta Foundation, Sonic Labs, Animoca Brands, Unified Ventures, and Tengyun Capital. These strategic alliances underscore the growing institutional interest in innovative blockchain applications. Zhao Chen, Director of Digital Assets at Fosun Wealth, emphasized, “Vaulta and exSat bring the product vision and digital banking capabilities we need to make FinChain a reality.”

The infusion of substantial capital into FinChain reflects heightened optimism in Hong Kong’s expanding tokenization ecosystem. This injection intends to bolster asset issuance platforms and digital yield products that adhere to regulatory standards. Vaulta will deploy its BankingOS and exSat platforms, ensuring smooth integration of finance and blockchain technologies. Further details can be found on the Fosun Wealth internal announcement.

Community responses have been positive, although no specific public remarks were issued by Fosun’s senior leaders or Vaulta’s executives on personal channels. Discussions among the Binance Square community highlighted the potential for FinChain to bridge Web2 capital with Web3 infrastructure, creating a promising dialogue about cross-industry synergies.

Solana’s Market Reacts Amid Strategic Partnership Announcements

Did you know? The involvement of Web3 giants like Solana Foundation and Animoca Brands in FinChain’s development showcases a growing trend where traditional finance and blockchain innovation converge in markets like Hong Kong.

As of August 28, 2025, Solana (SOL) is valued at $211.63, featuring a market cap of approximately $114.42 billion, according to CoinMarketCap. Its 24-hour trading volume showed a 39.30% change, reflecting dynamic market activities. Price changes over 90 days indicate a 29.31% increase in value. Solana’s market dominance stands at 2.92%, with a total circulating supply nearing 540.67 million.

Coincu’s research team noted that the collaboration among these entities holds transformative potential. Leveraging existing financial licenses and blockchain interfaces could streamline regulatory compliance and asset flow processes. Such coordinated efforts position Hong Kong at the forefront of global digital finance, driving institutional DeFi adoption.