KLAY Soars 39% on Proposed Merger with Finschia to Create Leading Asian Blockchain
- Klaytn token KLAY jumps 39% after merger proposal with Finschia blockchain
- Aims to create Asia's leading blockchain system by combining strengths
- Proposes swap for KLAY and Finschia's FNSA tokens into new native token
- Focuses new tokenomics on lower inflation and burn models for deflation
- Promises enhanced decentralization, governance, interoperability after merger