Hassan Maishera
The Wormhole team announced via X on Tuesday that Injective’s Ionic upgrade is expanding this integration and connecting with Wormhole Gateway. This will enable transfers of native assets to Injective from across the Cosmos ecosystem.
The upgrade ensures that new assets are automatically designated as the chain's canonical version. Users can migrate existing tokens to the new standard via the new Injective Bridge.
The bridge offers a one-click migration tool to ensure a smooth + secure transition to the new standard. Users can now effortlessly transfer native assets to Injective in a unified interface. This enables one-click deposits, enhanced transaction monitoring, and major optimizations across the tech stack.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $33.19, up by 1% in the last 24 hours.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.816, down by 2% in the last 24 hours.
