Klaytn and Finschia proposed a merger, with token increases reaching 31.8% and 22.6% respectively

The Klaytn token, KLAY, is priced at $0.25 with a 24-hour increase of 31.8%; the Finschia token, FNSA, is priced at $34.74 with a 24-hour increase of 22.6%. Previously, South Korean internet giant Kakao's Layer 1 network Klaytn and Japanese communication giant Line's public chain project Finschia proposed a merger. The two parties plan to create a new blockchain that supports both EVM and CosmWasm frameworks, establishing the largest web3 ecosystem in Asia.