Ancilia, Inc., a leading web3 security company, has been chosen to participate in Franklin Templeton’s Incubator Program. This prestigious program aims to foster innovation in the fintech industry by providing emerging companies with resources and guidance to develop new products. Ancilia was selected for its expertise in web3 security and its successful track record in delivering reliable solutions.

During the program, Ancilia will collaborate with Franklin Templeton’s team of experts to create cutting-edge security protocols for fintech companies that utilize web3 technologies. This partnership will help fintech companies operate securely and in compliance with regulations while taking advantage of the benefits of decentralized systems.

Huagang Xie, CEO of Ancilia, expressed excitement about the collaboration, stating that their expertise in web3 security combined with Franklin Templeton’s extensive experience in the financial services industry will enable them to develop innovative security solutions for the fintech sector. Margaret King, Vice President at Franklin Templeton’s Incubator Program, also expressed enthusiasm for the collaboration, highlighting Ancilia’s deep expertise and their shared mission to foster innovation in fintech.

Through this collaboration, fintech companies will gain access to world-class web3 security solutions, allowing them to focus on their core business activities without worrying about cybersecurity threats. Ancilia’s advanced technology and Franklin Templeton’s resources create a powerful partnership that has the potential to revolutionize the fintech industry.

Ancilia is a leading web3 security company that specializes in delivering advanced security solutions for businesses operating in decentralized environments. Their expertise extends to the fintech, blockchain, and cryptocurrency sectors.

Franklin Templeton, on the other hand, is a global asset management firm that provides investment solutions to individuals, institutions, and sovereign wealth funds. With a history dating back to 1947, Franklin Templeton manages over $1.5 trillion in assets as of December 31, 2022.