- KAIA fresh token as a result of Klaytn and Finschia merger
- The merger aims to combine and consolidate technologies to bring Web3 to the world
- KAIA shows a growth of 11.26% in the last day, also grabbing the attention of Binance and Crypto.com
With the merger of two blockchain companies Klaytn and Finschia, we have a fresh token called KAIA that has started to perform very well.
KAIA has already shown a rise of 11.26% in the last day, hitting a record high of 0.1572 but later corrected to 0.1362, with giants like Binance and Crypto.com showing interest in the growth.
Details of Klaytn and Finschia Merger and KAIA Growth
The merger was proposed as early as February 15, 2024, and was approved with 95% support from Finschia and 90% from Klaytn. It aims to unify their networks and as a consequence their technologies, services, and business initiatives. Thus, they want to provide a single network with around 420 DApp services and over 45 governance members.
This has already noticeably lifted KAIA, which reached an all-time high of 0.1572, up 11.26% over the last day and 20.34% from its low of $0.1139 on October 29.
It is worth noting that after the correction, KAIA started trading at 0.1362, but investor interest remains stable, and more importantly the support of major crypto platforms.
Binance has already confirmed the completion of the rebranding process and will add KAIA to the following services:
- Binance Simple Earn
- Binance Buy Crypto
- Binance Convert
- Binance Margin
Crypto.com has also confirmed that the token is already available on the exchange and in the mobile app, and the rest of the marketplaces are likely to follow.
Conclusion
Klaytn and Finschia are looking to build a strong network and expand the real-world use of Web3 in the Asian region, which definitely deserves a lot of attention.
At this point, they have no problem sustaining investor interest or recognition from the big players, and hopefully, their mission will materialize for the good of the entire Web3, which should also be reflected in KAIA’s value. Stay tuned.
