Wormhole Expands its Multichain Ecosystem with Karak

Twitter icon  •  Published 6 महीने पहले on June 27, 2024  •  Hassan Maishera

The Wormhole team announced via X on Wednesday that it is expanding its multichain ecosystem with Karak Network’s K2 blockchain, an L2 built on the OP Stack.

Wormhole Expands its Multichain Ecosystem with Karak

The Wormhole team announced via X on Wednesday that it is expanding its multichain ecosystem with Karak Network’s K2 blockchain, an L2 built on the OP Stack. This integration provides Karak access to liquidity and users across over 30 of the leading blockchain ecosystems.

Karak enables protocols to tap into robust and secure trust networks from day one, significantly lowering the barrier to securing new protocols and making the process of bootstrapping security more scalable, accessible, and affordable.

Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.3310, down by 4% 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.