Klaytn-Finchain Alliance's KLAYA Foundation Approved to Establish in Abu Dhabi

IconCryptoNewsTerminal Staff16 Aug, 2024

cryptonews.jpg

Klaytn-Finchain Alliance's KLAYA Foundation Approved to Establish in Abu Dhabi

The Klaytn-Finchain Alliance's integrated chain, KLAYA, has received approval from the Abu Dhabi Global Market (ADGM) authorities to establish the KLAYA DLT Foundation. This move is a significant step in the development of KLAYA and will help to accelerate its adoption in the Middle East and North Africa (MENA) region. The KLAYA DLT Foundation will be responsible for promoting the adoption of KLAYA and fostering collaboration within the KLAYA ecosystem. It will also provide support to developers and businesses building on KLAYA. The establishment of the KLAYA DLT Foundation in Abu Dhabi is a major milestone for the project. It demonstrates the growing interest in KLAYA from around the world and its potential to become a leading blockchain platform in the MENA region.