On May 7, MegaLabs and H Lab, a subsidiary of Neowiz Holdings, announced a strategic partnership to develop Web3 infrastructure and expand the MegaETH ecosystem. The memorandum of understanding was unveiled at the MEGA ARCADE SEOUL event in Seoul’s Gangnam district.
The collaboration focuses on four initiatives: developing MegaSwarm, an AI-powered decentralized finance platform; tokenizing Korean real-world assets on the blockchain; participating in MegaETH’s Rotational Sequencer program to enhance transaction processing and network security; and accelerating global adoption of the USDm stablecoin.
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