On August 19th, Finschia stated that with the establishment of the KaiaDLT Foundation in the Dubai International Financial Center and the Abu Dhabi Global Market (ADGM), most of the preparations for the launch of KaiaMainnet have been completed, and it will go live on August 29, 2024. In late April, the Klaytn Foundation stated that since the merger proposal of Klaytn/Finschia chain, known as ‘ProjectDragon,’ was approved, both teams have been working hard and today they introduced a new brand, Kaia. It is reported that Kaia is an Open Source, transparent, and permissionless public chain that is suitable for everyone.
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