Hassan Maishera
On Thursday, the LayerZero team announced via X that the cryptocurrency exchange, Kraken, has adopted LayerZero as its official interoperability partner. By integrating the OFT Standard, Kraken ensures its flagship asset $kBTC is compatible with every type of blockchain.
LayerZero’s OFT Standard unifies asset expansion so that 1 kBTC = 1 kBTC across all 150+ chains they support. kBTC is live on Ink, Unichain, ETH and Optimism, with apps like Tydro or Stargate Finance..
LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $1.402, down 3.6% in the last 24 hours.
