Google AI
The Times Australia

Times Media

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

Camden Valley Inn Opens Its Doors for Couples Planning Their Dream Wedding

Couples are invited to discover one of South-West Sydney’s most picturesque wedding destinations and...

Publishing a Book Still Runs on a Model Most Industries Abandoned Decades Ago

Imagine pitching a business partnership where one side does all the work and the other side keeps ...

Australia’s AI Productivity Push Needs a Manager Audit

Australia’s business use of artificial intelligence has accelerated quickly. The Australian Bureau...

Technology

Australia’s AI Productivity Push Ne…

Australia’s business use of artificial intelligence has accelerated quickly. The Australian Bureau...

Local News

Psychology clinic in Tasmania opens…

In response to Tasmania’s growing mental health crisis, a new purpose-built, multi-disciplinary me...

Culture

The Belvedere Hotel Brings Country Music, Lin…

Live entertainment, country music and family fun to take over The Belvedere on Saturday 22 August ...

Travel

Cairns Esplanade Lagoon — the stage where Cai…

“All the world's a stage.” Shakespeare wasn't writing about Cairns when he penned that famous lin...

The Times Features

Camden Valley Inn Opens Its Doors for Couples Planning …

Couples are invited to discover one of South-West Sydney’s most picturesque wedding destinations and...

The Belvedere Hotel Brings Country Music, Line Dancing …

Live entertainment, country music and family fun to take over The Belvedere on Saturday 22 August ...

Major Health and Wellbeing Hub Breaks Ground at Essendo…

Work is now underway at 74 - 76 Hargrave Avenue following a sod-turning ceremony on Thursday, mark...