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AMD Collaborates With Wormhole Ecosystem to Enhance Blockchain Interoperability with Hardware Accelerators
21.2.2024
The interoperability platform Wormhole announced a collaboration with Advanced Micro Devices (AMD) to integrate AMD's FPGA hardware accelerators into the Wormhole ecosystem to boost blockchain interoperability while ensuring a seamless user experience for the Web3 ecosystem.
The post...
Analog Raises $16M in Funding for Cross-Chain Project, Reaching $120M Valuation
13.2.2024
Analog has raised $16 million in the latest funding round to develop its cross-chain communication tools at a valuation of $120 million. According to a recent social media post by Analog, the funding round led by Tribe Capital has funneled $16 million to Analog. The company plans to utilize...
Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program
13.2.2024
On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program...
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
25.1.2024
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be compatible with its interoperability solution....
Is 2023 the year genuine cross-chain interoperability takes off?
11.9.2023
Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
6.9.2023
The fundraise comes as interoperability protocols have attracted investors, despite the bear market
Chainlink's Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live
17.7.2023
This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk
Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
14.6.2023
Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks
Swift is scouring blockchain interoperability
7.6.2023
Swift has reached out to the global Swift community to conduct a study on how the different communities can utilize their connections to interoperate successfully on multiple blockchain networks. Presently, institutional investors are up against the issue of interoperability on multiple blockchain...
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability
23.2.2023
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function...
Router Protocol successfully develops a Layer-1 Blockchain Interoperability
17.2.2023
Router Protocol happens to have been successful in the development of a Layer-1 blockchain. This was made possible with the effective utilization of the Cosmos’ Tendermint Consensus. This was carried out with the aim and intention of being able to correctly address issues related to extant problems...
Bain Capital Crypto Backs $4.5M Round for Blockchain Interoperability Startup Orb Labs
14.2.2023
Orb Labs emerges from stealth preparing to launch its first products
Cross-Chain Bridges: What Are They & How Do They Enable Blockchain Interoperability?
19.11.2022
Over the last few years, numerous new smart contract-enabled public blockchains have come online, creating the need for cross-chain interoperability in the crypto space. As it stands, developers in the space are working hard to build out cross-chain architecture that facilitates communication...
Blockchain interoperability goes beyond moving data from point A to B — Axelar CEO Sergey Gorbunov
30.9.2022
Axelar's co-founder shared his views on blockchain infrastructure and adoption at Converge22 in San Francisco
UniLayer Network: The Next Frontier of Blockchain Interoperability?
2.6.2022
Experts have touted Blockchain interoperability as the “holy grail” for Blockchain adoption. Interoperability, or the ability of different Blockchains to communicate and exchange data with one another, is a crucial step in unlocking the trillion-dollar potential of the Blockchain...
Are You A Big Fan of Blockchain Interoperability? Don’t Miss Polkadot, Cosmos, Quitriam Finance
27.4.2022
Blockchain as we know it is an amazing technology with a lot of bright future waiting for it. But is there any good being done if it’s not able to reach out to other external networks? Right now, this is the problem in the crypto space, and a lot of projects are working autonomously from...
Polygon and Wanchain Usher in a New Phase of Blockchain Interoperability
8.12.2021
Wanchain and Polygon expressed their delight when they announced a strategic agreement that will expedite the advancement of compatible blockchain technology in general and push further usage of Layer-two cross-chain bridging. Wanchain would implement direct, decentralized cross-chain links between...
Visa working on blockchain interoperability hub for crypto payments
30.9.2021
Visa’s new blockchain interoperability project is designed to serve as a “network of blockchain networks.”
Trustless bridges may be the key to blockchain interoperability
3.7.2021
The arrival of interoperable solutions will be an opportunity for a positive shift in the public’s perception of blockchain