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Sonic Labs announces strategic investment in RWA provider FinChain
BlockBeats news, on September 17, Sonic Labs announced a strategic investment in FinChain, a Web3 brand and institutional-grade RWA provider incubated by Fosun Wealth Holdings. This investment will allow FinChain to prioritize launching new RWA products and tokens on Sonic, achieving native liquidity, composability, and settlement. Issuers will obtain reusable identification, compliance workflows, and distribution across FinChain channels, relying on Sonic's ultra-low latency infrastructure. The risk-weighted assets (RWA) issued by FinChain will be accessible to Sonic's money markets, vaults, and structured products, expanding yield, hedging, and credit primitives.