Wormhole and Injective have Teamed Up to Provide 10 More Blockchains

Injective (INJ), decentralized finance (DeFi) technology, has teamed up with Wormhole to add “ten new blockchains” to its network. Injective is a layer-2 decentralized exchange (DEX) powered by Cosmos that provides derivatives, token swaps, and sports betting prediction markets. It also prioritizes interoperability through cross-chain bridging, and it now supports digital assets from Ethereum, Polkadot, and IBC-enabled networks like Cosmos. The protocol’s creators, Injective Labs, stated in a May 25 release that the cooperation would allow users to transfer and exchange assets across any Wormhole-integrated chain. “The Wormhole integration will substantially improve Injective’s interoperability capabilities.” The wormhole will soon be integrated into the backend of the Injective Bridge, allowing users to transfer assets between different EVM chains or Solana with a single click,” according to Injective La Injective announces new integration with @WormholeCrypto ‼️ Wormhole brings ten new chains, such as @Avalancheavax and @Solana, to Injective's already interoperable chain, making Injective the primary gateway to enter the @cosmos universe ⚛️ https://t.co/Zu8belwh7d — Injective 🥷 | Cosmos IBC | Ethereum compatible (@InjectiveLabs) May 25, 2022 Wormhole is a generic messaging protocol that works with various blockchains to provide services like cross-chain application support and token bridges. Not all of the “ten new blockcha...