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Integrating Clayton and Finskia blockchains to create Asia's largest Web 3 ecosystem

Layer 1 blockchains Clayton and Finskia released a statement announcing that the proposal to merge these two networks has been officially approved by the governing members of both foundations. A part of this statement reads: "Our effort to create the largest Web 3 ecosystem in Asia will culminate with the formation of an inclusive governance with the participation of more than 45 companies, 420 decentralized applications and a user pool with more than 250 million wallets in this region. Receipt". The two entities said they will create a new foundation in Abu Dhabi to lead the merger process. The new blockchain mainnet will be compatible with the Ethereum virtual machine and the CosmWasm platform.