Klaytn Partners with ZetaChain to Bring Omnichain Interoperability to the Klaytn App Ecosystem

The novel Layer-1 omnichain smart contract platform ZetaChain (ZETA) announced the partnership with Singapore-based public blockchain platform Klaytn to bring multichain connectivity to the Klaytn network. ZetaChain’s integration into Klaytn will enable KLAY developers to bring full interoperability to existing and new smart contracts.

ZetaChain is a protocol-agnostic blockchain that supports generic omnichain smart contracts that connect all blockchains such as Ethereum, Polygon, BSC, and even non-smart contract blockchains such as Bitcoin and Dogecoin without using bridges or wrapped tokens. Backed by early Coinbase, Binance employees, and a handful of others, the platform recently launched a native asset cross-chain swap on its testnet. 190,000 users have joined as beta testers to date.

Klaytn is the bridge that connects Web2 enterprises to Web3. It is a public blockchain focused on the metaverse, gamefi, and the creator economy. Backed by South Korean internet giant Kakao Corp, Klaytn is now undergoing global expansion from its international base in Singapore.

In addition to Ethereum, Polygon, and Binance Smart Chain, Klaytn is now supported on Zetachain’s testnet and will go live on the ZetaChain mainnet soon. Currently, omnichain dApps builders can create and test smart contracts on ZETA using the Zeta Connector. Users can natively swap assets to and from Klaytn and other connected chains on the ZetaLabs testnet now.

The Klaytn-ZetaChain partnership will produce an ecosystem of more versatile cross-chain applications such as a cross-chain swap, DEX, multichain NFTs, and more. These applications will bring much greater liquidity and capital efficiency for transferring native assets between chains.

 

Media Contact: 

Teigi Lee

press@zetachain.com

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.

This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal, and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was compensated to submit this press release. Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

This press release was originally published on this site

You May Also Like

VOLT Listing on Indodax: Another Step towards Global Recognition And Adoption

On February 23, 2023, VOLT, a popular cryptocurrency, will be listed on…

WAHED Coin to Launch on LBank Exchange on December 5

Cranfield, England, 13th November, 2022, Chainwire   WAHED Coin, the native cryptocurrency…

CharCoin Launches on Solana: A Meme Coin Turning Every Transaction Into Global Good

CharCoin, a new community-driven meme coin built on the Solana network, officially…

Bybit Celebrates TradFi Expansion With Launch of 1 Million USDT Fusion Cup

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched the TradFi Fusion…

Valueex (VUEE) Exchange Opens IEO Window, Leading New Opportunities in Global Blockchain Investment

In an era where blockchain technology and digital assets are rapidly rising,…

DRML Miner is now offering a limited-time $10 discount to new users

DRML Miner, an AI-driven cloud mining platform, is now offering a limited-time…

Moongate Raises $2.7M Seed Round to Develop a Modular Web3 Engagement Layer for Real-World Activations

Hong Kong, Hong Kong, April 2nd, 2024, Chainwire Moongate announces the closing…
SideKick Finance Launches JumpStart, First Decentralized NFT Crowdfunding Platform

SideKick Finance Launches JumpStart, First Decentralized NFT Crowdfunding Platform

The DeFi super network, SideKick Finance, has launched JumpStart, its decentralized NFT crowdfunding platform…

Maple Finance, BitGo, Copper, and Hex Trust Launch lstBTC on Core, Unlocking Institutional Bitcoin Yield

The Core Foundation, in partnership with Maple Finance, BitGo, Copper, Hex Trust announces lstBTC, a new liquid, yield-bearing Bitcoin…

NILE by Wemade officially launches NFTFi, an NFT-based DeFi service

NFT-based Lend and Borrow; Swap to be added Borrow offers to be…