FinChain, a blockchain financial platform under Fosun Wealth Holdings, has announced a major initiative to accelerate the development of Asia’s blockchain financial ecosystem on Avalanche. The initiative marks a continued expansion of Avalanche across Asian markets and positions FinChain to unlock tens of billions of dollars from traditional financial channels by enabling the compliant on-chain deployment of standardized financial assets.
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As part of the announcement, FinChain unveiled the launch of Asia’s first yield-bearing real-world asset (RWA) stable token, FUSD, which will debut on Avalanche and is planned for integration across the broader Avalanche DeFi ecosystem. FUSD is backed by real-world financial assets, including money market funds managed by Taikang Asset Management and ChinaAMC, both known for high liquidity and standardized financial structures.
Designed with institutional users in mind, FUSD offers a new liquidity management tool for financial institutions, crypto-native firms, family offices, private equity funds, and pension funds. The token provides stable, yield-bearing returns while supporting multi-chain interoperability, rapid settlement, transparent asset backing, and secure collateralization. By combining traditional financial instruments with blockchain efficiency, FUSD aims to bridge the gap between Web2 finance and Web3 markets.
The initiative was formally established on February 10 during the “2026 Asia Crypto Finance High-Level Closed-Door Forum” held in Hong Kong. The event marked a key milestone in FinChain’s broader strategy to enable compliant interoperability across major public blockchains worldwide. As part of this vision, FUSD is positioned to serve as a foundational anchor asset for real, verifiable total value locked (TVL) across multiple blockchain networks.
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Zhao Chen, CEO of FinChain, said FUSD is designed to connect standardized financial assets with the crypto-financial ecosystem. He noted that the launch will provide blockchains, exchanges, and asset managers with a new class of yield-bearing stable tokens and expressed confidence that the collaboration with Avalanche will help shape a new on-chain landscape for trillions of dollars in financial assets.
Avalanche’s high-performance and compliance-friendly architecture has made it an increasingly attractive infrastructure for global financial institutions. Through its integration with FinChain, Avalanche will support the circulation and institutional adoption of FUSD within its ecosystem, reinforcing its role as a preferred blockchain for regulated, real-world financial assets.
Jacky Kong, Head of Ava Labs Hong Kong, said the initiative enables real financial assets in Asia to gain broader liquidity and collaboration opportunities within Avalanche and global financial markets. He highlighted Avalanche’s more than $1.2 billion in on-chain TVL and its existing institutional RWA offerings, including BlackRock BUIDL and Apollo ACRED, noting that FinChain is expected to significantly scale the volume of liquid, on-chain assets in the future.
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Looking ahead, FinChain and Avalanche plan to work closely to build a robust on-chain ecosystem for standardized financial assets across Asia. Leveraging FinChain’s institutional network and technical capabilities, the initiative is expected to drive innovation in asset tokenization, cross-border payments, and DeFi applications, while unlocking substantial capital from traditional financial systems into compliant blockchain environments.
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