Beyondfi is thrilled to finally announce a strategic partnership with Multichain, the world’s leading cross-chain protocol. The collaboration will enable multi-chain assets and communication to easily bridge across various ecosystems.
Being a key player in DeFi, Multichain interconnects 25 mainstream public blockchains including Ethereum, BSC, Fantom, Avalanche, Moonriver, Arbitrum, Polygon and Harmony. As of writing, the TVL on Multichain is near $5 billion with over 1,000 crypto assets circulating through their infrastructure. In terms of speed, security and fee wise, they are leading the industry and go beyond just being a bridge.
“We’re excited to work with Multichain to begin cross-chain integration. We embrace the era of multi-chain ecosystems, with the widest range of crypto assets as they have also introduced cross-chain router, that enables any assets to be transferred between multiple chains, no matter if they are native or created with Multichain’s Bridge.
Expansion plans will see Beyondfi target multiple products across various sectors, including Metaverse, NFTs, Gamefi and of course DeFi. This partnership will accelerate that process.
Previously Beyond Finance, Beyondfi is a decentralized synthetic product trading platform where users can create and trade synthetic financial products, unlocking the full potential of decentralized finance and derivatives without limits. With prominent key partners including Huobi Ventures and OKx Block Dream Fund, Beyondfi allows users to trade decentralized products without any restrictions, allowing individuals to reach their fullest to fully realize the value of Decentralized Finance.
Multichain, rebranded from Anyswap, is the leading Cross-Chain Router Protocol (CRP), an infrastructure developed for the seamless flow of on-chain assets’ interoperability. It aims to become the ultimate router of Web3. Multichain provides a mature real-time CRP system, which allows assets on all networks to inter-operate with each other. Multichain boasts leading advantages in security, speed and user experience.