Jakarta - Singapore-based fintech company Union Fintech today announced the launch of Union Chain, a ZKsync-powered blockchain platform supported by regulated cryptocurrency exchanges and licensed real-world asset (RWA) tokenization platforms across Southeast Asia, including Coinhako, INDODAX, Coins.ph, Coins.co.th, InvestaX, and IXSwap.
Bridging Crypto and Traditional Finance
Union Chain serves as a regulatory-compliant bridge between:
- Leading centralized crypto exchanges (CEXs)
- Licensed real-world asset tokenization platforms
- Traditional financial institutions (TradFi)
This integration creates new market opportunities for digital assets and financial products, serving both crypto users and traditional investors.
👉 Discover how blockchain is transforming Asian finance
Leadership Team
The project is led by industry veterans:
- Wei Zhou (Chairman): CEO of Coins.ph and former CFO of Binance
- Junde Yu (CEO): Former VP of Cobo and MD/GM at Data.ai
Core Solutions
Union Chain addresses critical challenges in:
- Regulatory compliance between TradFi and crypto
- Cross-platform interoperability
- Asset tokenization infrastructure
The platform leverages:
- Regional licenses
- Fiat-crypto conversion services
- Local stablecoins
- Partner exchange networks
Key Focus Areas
1. Real-World Asset (RWA) Tokenization
Union Chain provides end-to-end solutions for:
- Asset structuring
- Token issuance
- Regulatory compliance
- Distribution channels
- Fiat integration
2. Enterprise Adoption in Southeast Asia
With regional licenses and local expertise, Union Chain offers:
- Compliant blockchain solutions
- Market expansion support
- Regulatory guidance
3. Expanded Market Access
Developers gain access to:
- 20M+ pre-verified KYC users
- 600M potential users across partner networks
- Ecosystem development grants
👉 Explore tokenization opportunities in emerging markets
Industry Impact
This initiative combines:
- ZKsync's scalability and security
- Regulatory-compliant infrastructure
- Institutional-grade asset tokenization
Wei Zhou emphasized: "We're setting new standards for compliance and security while bringing liquidity and innovation to global markets."
Alex Gluchowski (ZKsync) noted: "This integration marks a pivotal moment in blockchain evolution, bridging crypto and traditional finance."
Market Perspectives
Julian Kwan (InvestaX/IX Swap):
"Union Chain connects millions of crypto users to regulated financial infrastructure with institutional-grade RWA solutions."
William Sutanto (INDODAX):
"This represents a major leap for Southeast Asia's digital economy, addressing financial challenges through transparent RWA solutions."
Frequently Asked Questions
Q1: What makes Union Chain different from other blockchain platforms?
A: Union Chain uniquely combines ZK-rollup technology with pre-licensed regulatory infrastructure across Southeast Asia, enabling compliant asset tokenization.
Q2: How does Union Chain benefit traditional financial institutions?
A: Institutions gain access to crypto liquidity pools while maintaining full regulatory compliance, with lower transaction costs and enhanced yield opportunities.
Q3: What types of assets can be tokenized on Union Chain?
A: The platform supports tokenization of regulated RWAs including equities, funds, real estate, and other financial instruments.
Q4: Which countries are initially supported?
A: Launch partners cover Singapore, Indonesia, Philippines, Thailand, and Vietnam with expansion plans underway.
Q5: How does Union Chain ensure regulatory compliance?
A: All network participants are licensed entities, with built-in KYC/AML protocols and fiat integration capabilities.
Q6: What development resources are available?
A: Union Chain provides developer grants, SDKs, and access to 20M+ verified users through partner exchanges.