The Kaia project, a merger between Finschia and Klaytn, will be launched at the end of June, initially starting on Klaytn

ChainCatcher news, Finschia announced that it is currently working on launching Kaia, striving to create a technological infrastructure that combines the advantages of Finschia and Klaytn, with the goal of launching by the end of June.

Although it will integrate key technologies from Finschia and Klaytn, the Kaia chain will initially launch on the Klaytn network. Therefore, KLAY holders do not need to perform a separate token swap, but FNSA holders will need to exchange their tokens for KAIA tokens. The token swap will be provided through the Kaia portal and will launch simultaneously with the Kaia chain.