According to Odaily, Finschia has announced that with the establishment of the Kaia DLT Foundation in the Dubai International Financial Centre and the Abu Dhabi Global Market (ADGM), most of the preparations for the Kaia mainnet launch have been completed. The mainnet is scheduled to go live on August 29, 2024. Earlier, at the end of April, the Klaytn Foundation revealed that since the approval of the Klaytn/Finschia chain merger proposal 'Project Dragon,' both teams have been diligently working together. Today, they introduced the new brand Kaia. Kaia is described as an open-source, transparent, and permissionless public blockchain suitable for everyone.