Multichain and REI Network Partner to Foster Interoperability
REI Network excited to announce its partnership with Multichain.
Through this partnership, Multichain will support the safe, fast, and low-cost cross-chain for multiple crypto assets between REI Network and other leading blockchains, including Ethereum. Multichain wants to facilitate REI Network to achieve cross-chain compatibility and interoperability between different networks.
Multichain is a leader in terms of security, cross-chain speed and costs. Since its foundation in 2020, Multichain has evolved over three iterations from a 1:1 cross-chain bridge to an innovative cross-chain router system that interconnects multiple chains. Multichain offers an advanced and real-time Cross-Chain Router Protocol (CRP) system that supports cross-chain interoperability of tokens, NFTs, and general data across multiple chains.
Multichain is almost universally used as an interoperable layer since it supports all ECDSA and EdDSA encrypted chains. It is now the market leader in cross-chain transactions, with a fast-growing family of chains and daily volumes of over $100 million, Total Value Locked (TVL) of more than $6.5 billion, 39 public chains, 1783 crypto assets and thousands of daily users attest to its popularity and security.
About Multichain
Multichain, previously known as Anyswap, is a decentralized cross-chain swap protocol and bridge infrastructure. The Multichain platform supports multiple blockchains, which enables users to swap and bridge tokens across numerous chains on one platform.
About REI Network
REI Network is now an efficient and secure public chain compatible with EVM. REI Network is based on the lightweight code construction of open-source projects such as LibP2P, EVM, Express, and GRPC, which provide developers with a more relaxed development environment. The innovative free economic model can effectively reduce the on-chain transaction cost of users. REI Network improves on-chain interoperability through high-quality bridges. Apart from inheriting existing users, REI Network aspires to become a bridge for billions of Web2 users to safely, efficiently, and freely switch to Web3 networks.
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