According to Foresight News, Line's public chain project Finschia has registered as a DLT Foundation in the Abu Dhabi Global Market (ADGM). In addition, the Finschia Foundation will collaborate with several Abu Dhabi-based companies to develop accessible Web3 services for global users based on its public blockchain Finschia.
The Finschia DLT Foundation was first established in March 2023 by Line's blockchain subsidiary, LINE Tech Plus, with the aim of collaborating with global Web3 users to develop sustainable token models.