Announcing ‘Kana Labs’ as a Partner of the Bifrost Network

We’re happy to announce Kana Labs as an official partner of the Bifrost Network. With this partnership, we have become an official investor of Kana Labs which builds and supports Web3 ecosystems, and thus hope to expand our ecosystems together.

Please stay tuned for more exciting announcements as we continue to grow and expand the Bifrost Ecosystem! Read more about the Bifrost Network.

About Kana Labs

Kana Labs is building the next-generation cross-chain ecosystem for DeFi, GameFi, and NFTs. Various Web3 tools can be built on the foundation layer of aggregated bridges and blockchains provided by Kana Labs to allow seamless transactions and easy bridging. In addition, Kana Labs also services a multichain wallet that features AA (account abstraction), social logins, and everything customized.

About the Bifrost Network

As a permissionless EVM-compatible layer-one blockchain utilizing Substrate technology that enables interoperability between blockchains, the Bifrost Network provides the ultimate environment to build multichain DApps. For instance, the network allows one to purchase a BSC-based NFT using USDT on Ethereum.

BFC is the native token of the Bifrost Network, a generalized message-passing system well-suited for all types of cross-chain applications. By design, it can operate with native tokens that inherit the security of the underlying network. The network allows developers to easily build cross-chain applications, such as a cross-chain DEX service using native assets.