Union Fintech, headquartered in Singapore, has launched Union Chain - a blockchain platform powered by ZKsync and backed by leading regulated exchanges and real-world asset (RWA) tokenization platforms across Southeast Asia. Designed to bridge the gap between traditional finance (TradFi) and crypto, Union Chain leverages regional licenses, fiat on/off-ramps, local stablecoins, and the reach of centralized exchanges to create a compliant, scalable infrastructure for digital asset issuance and trading. With access to over 20 million verified users and a total addressable market of 600 million, Union Chain is positioned to unlock new markets and use cases for tokenized financial products, payments, and enterprise adoption.
Bridging TradFi and Crypto: Union Chain solves fragmentation and regulatory hurdles by integrating licensed CEXs, RWA platforms, and fiat infrastructure into a unified blockchain ecosystem.
ZKsync-Powered Elastic Network: The platform combines ZKsync’s scalability and security with Union’s compliance-first architecture, enabling seamless issuance, distribution, and settlement of tokenized assets.
Startups may have big success by designing new business models around tokenized lending, investment products, and cross-border payments. They should partner with licensed exchanges and RWA platforms to launch regulated offerings that appeal to both crypto natives and TradFi users.
Read more at: zksync.mirror.xyz
2025-02-11