On January 11, Union, a cross-chain settlement layer, announced the launch of the Union Foundation, an independent organization dedicated to building a more secure, decentralized, and interoperable Web3. Its core focus is to fund initiatives that support the Union network and incentivize its development through maintenance, continuous development, and decentralized application (dApp) creation, including a grant program and a Union Fellowship program. The Union Foundation announced the upcoming release of a token economy model, and the Union mainnet.