XION is integrating with MultiversX to bring chain abstraction into the MultiversX ecosystem

ChainCatcher news, XION is integrating with MultiversX to introduce chain abstraction into the MultiversX ecosystem. This integration brings native assets across ecosystems and seamless flow of cross-chain accounts, addressing the issue of ecosystem fragmentation and unifying the user experience. It also allows builders to attract more users and liquidity within the high-speed, low-cost network of MultiversX.

Additionally, this integration will enable developers to build custom L2 and application chains that can interoperate with XION's ecosystem-integrated chain network, unlocking cross-chain composability for applications and benefiting from fast, low-cost transactions, further accelerating the adoption of Web3.