According to BlockBeats, at the 6th Kuala Lumpur Expo on September 25, Lin Jianzhong, chairman of the board of directors of the American Lin Group, announced that the group will create a compliant blockchain trading platform through its Greater East Asia Bank and officially enter the fields of Web3, metaverse and AI.

Lin Jianzhong said that blockchain technology and its derived Web3 ecosystem will bring revolutionary changes to the traditional financial industry. The group will use the RWA (real asset tokenization) of hotel assets to establish an innovation fund to incubate AAA-level Web3 blockchain game projects such as Infinitar and RuneSoul, and further expand into new financial fields to achieve asset securitization and global listing.

The compliant blockchain trading platform is the core of the group's strategic layout, providing investors with a safe and transparent trading platform to ensure the compliance of Web3 and digital assets. Through the RWA model, the group digitizes its hotel assets, releases asset liquidity, provides continuous financial support for the innovation fund, and promotes the development of future Web3 and technology projects.

Greater East Asia Bank has extensive experience in financial technology. This foray into the blockchain and Web3 fields is an important move for the group to adapt to the trend of technological innovation. The group will also host the "Science and Technology Oscars Conference" in the United States in October to further promote global technological innovation and bring huge opportunities to the industry.