XION is integrating with MultiversX, introducing chain abstraction into the MultiversX ecosystem

2024-08-22 14:31:21

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According to official news, XION is integrating with MultiversX to introduce chain abstraction into the MultiversX ecosystem. This integration brings seamless liquidity of native assets and cross-chain interaction accounts across ecosystems, addressing ecosystem fragmentation issues and unifying user experience. It also allows builders to attract more users and liquidity in the high-speed, low-cost network of MultiversX. In addition, this integration will allow developers to build custom L2 and AppChain, which can interoperate with XION’s integrated chain network, unlocking cross-chain interaction and composability for applications, and benefiting from fast, low-cost transactions, further accelerating the adoption of Web3.

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