The Times Australia
Google AI
News From Asia

.

ONEFi Announces Integration of Web3 Wallet, Bridging Web2 and Web3 Finance

HONG KONG SAR - Media OutReach Newswire - 1 July 2024 - ONEFi, a leading Open Banking wealth management platform, is pleased to announce its strategic transition to a comprehensive Web3 wallet, set to launch in Q4 of 2024.

On this date, the company will simultaneously shut down its current app on both the App Store and Play Store, marking a significant evolution in its service offerings.

ONEFi Announces Integration of Web3 Wallet, Bridging Web2 and Web3 Finance

This move heralds the launch of the ONEFi Web3 ecosystem, designed to seamlessly bridge Web2 and Web3 through Decentralized Finance (DeFi) and Real-World Assets (RWA). Within this ecosystem, users of incumbent banks can explore the dynamic world of Web3, gaining access to their Digital Identity via ONE-ID, which authenticate nationality, wealth level via open banking API & sentimental analytics by AI. Additionally, borrowers can secure liquidity by pledging primary market assets such as pre-IPO shares, commodities, and prime location real estate to designated local financial institutions.

ONEFi's integration of Web3 wallet capabilities signifies a bold step towards redefining financial services, providing enhanced accessibility, security, and innovation in the evolving digital landscape.

Introduction to ONEFi

Since 2023, ONEFi has emerged as a leading global banking network in the APAC region, connecting with 2,800 banks across 9 countries. With over 25,000 users in Hong Kong, Japan, and Australia, and monitoring $8.00Bn USD in assets, ONEFi offers tailored financial deals. The platform features unique deal-making rooms for institutions and high-net-worth individuals (HNWI), providing exclusive access to private equity opportunities in pre-IPO assets. This includes high-profile companies like SpaceX, xAI, Revolut, and EPIC Games, offering investors unique exposure to potentially lucrative investment opportunities before they go public.

As an all-in-one financial platform, ONEFi leverages users' financial status to offer exclusive financial deals, including loan, insurance, and private market opportunities.

Strategic Partnerships

ONEFi has forged strategic partnerships with industry leaders such as AlphaStack, Klink Finance, Crusade Partners, MEET48, Plearn Finance, KWM Capital, and Standard Perpetual to enhance its wealth management offerings. This collaboration leverages each partner's expertise in fintech, real estate, private equity, and financial services to provide a comprehensive and robust financial ecosystem.

To learn more, please visit: https://www.onefi.io/
Hashtag: #ONEFi

The issuer is solely responsible for the content of this announcement.

Times Magazine

Epson launches ELPCS01 mobile projector cart

Designed for the EB-810E[1] projector and provides easy setup for portable displays in flexible ...

Governance Models for Headless CMS in Large Organizations

Where headless CMS is adopted by large enterprises, governance is the single most crucial factor d...

Narwal Freo Z Ultra Robotic Vacuum and Mop Cleaner

Rating: ★★★★☆ (4.4/5)Category: Premium Robot Vacuum & Mop ComboBest for: Busy households, ha...

Shark launches SteamSpot - the shortcut for everyday floor mess

Shark introduces the Shark SteamSpot Steam Mop, a lightweight steam mop designed to make everyda...

Game Together, Stay Together: Logitech G Reveals Gaming Couples Enjoy Higher Relationship Satisfaction

With Valentine’s Day right around the corner, many lovebirds across Australia are planning for the m...

AI threatens to eat business software – and it could change the way we work

In recent weeks, a range of large “software-as-a-service” companies, including Salesforce[1], Se...

The Times Features

Housing ACT tenants left in unsafe conditions

An ACT Ombudsman report has found that Housing ACT tenants have been left waiting in unsafe and haza...

Shark SteamSpot S2001 Review: A Chemical-Free Way to Tackle Messes and Stubborn Stains

If you're looking for a reliable steam mop that can handle both everyday spills and stubborn stains ...

How Businesses Are Generating Profits in a High-Inflation Economic Environment

Inflation in Australia and globally has surged to multi-decade highs since 2021, driven by pande...

The Effects of the War in the Middle East on Australian Small Businesses

The war in the Middle East is not a distant geopolitical event for Australia. In an interconnect...

Back at uni? How to help your wellbeing while you study

University can be a time of great opportunities, but it can also be very stressful[1]. Many stud...

Taste Port Douglas celebrates 10 years of world-class flavour in the tropics

30+ events, new sunrise and wellness experiences, 20+ chefs and a headline Michelin-star line-up...

Oztent RV tent range. Buy with caution

A review of the Oztent RV "30 second tent" range. Three years ago we bought an RV-4 from BCF Mack...

Essential Upgrades for a Smarter, Safer Australian Home

As we settle into 2026, the concept of the "dream home" has fundamentally shifted. The focus has m...

How To Modernise Your Home Without Overcapitalising

For many Australian homeowners, the dream of a "Grand Designs" transformation is often checked by ...