The Multichain team announced via Twitter on Wednesday that it has partnered with the EOS Network foundation, the development team behind the EOS blockchain. Thanks to this partnership, the EOS EVM will be able to access the MultichainVerse, where 86 chains have been connected for cross-chain interoperability, the Multichain team added.
Multichain, previously known as Anyswap, is a decentralized cross-chain swap protocol and bridge infrastructure. The Multichain platform supports multiple blockchains, which enables users to swap and bridge tokens across numerous chains on one platform. MULTI, the native token of the Multichain ecosystem, is down by 2% in the last 24 hours and currently trades at $9.74.
EOS is a Delegated Proof-of-Stake cryptocurrency that launched in 2018 after a record-breaking ICO raising over $4.1bn. Its focus is on providing development flexibility, network scalability, and user-friendliness. EOS is down by more than 4% in the last 24 hours and is currently trading at $1.120 per coin.