BounceBit Goes Omnichain Through LayerZero

• Published 3 months ago on January 10, 2025 •

Hassan Maishera

On Thursday, the LayerZero team announced via X that BounceBit, an RWA platform, is going omnichain with LayerZero.

On Thursday, the LayerZero team announced via X that BounceBit, an RWA platform, is going omnichain with LayerZero. BounceBit has integrated the OFT Standard to bring $BB, its $180M staking token, to Ethereum. Bridging $BB is available at their portal, built to take institutional capital across chains.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $4.718, down 2.5% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.