Connext Announces Groundbreaking Pivot from Crosschain Bridges to Real-World Bridge Construction
Acquires Bangkok-based construction company to embark on new infrastructure venture
Metaverse — April 1, 2023: Connext, the renowned crosschain bridge operator that has been pioneering blockchain interoperability since 2017, today announced a groundbreaking shift in its business focus. Identifying a new and lucrative opportunity, the organization has acquired a leading construction company in Bangkok, Thailand, and will now pivot towards building real-world bridges.
This strategic move comes as Connext recognizes the increasing demand for infrastructure development in rapidly growing economies. By leveraging its expertise in bridging technology and innovation, the company is poised to make a significant impact on the global construction industry.
Connext’s project lead, Arjun Bhuptani, shared his enthusiasm for the new venture: “We’ve successfully bridged the digital divide for years, and now we’re excited to apply our skills and experience to help connect communities in the physical world. We see immense potential in this new direction and believe our innovative approach will revolutionize also the traditional construction industry.
As always, our key focus is on security and providing a great user experience”.
The acquired construction company, which will now operate under the Connext brand, has a strong track record of designing and building state-of-the-art bridges throughout the Asia-Pacific region. Connext plans to integrate its technological expertise with the company’s construction capabilities to create sustainable, resilient, and future-proof infrastructure.
Below you can find some of the first bridge designs the company has presented at the latest press conference:
For more information about Connext’s new direction and upcoming projects, please visit www.connext.network
About Connext
Founded in 2017, Connext has been a pioneer in the blockchain industry, providing reliable and secure crosschain bridge solutions to facilitate seamless asset transfers between different networks. With a mission to connect the digital and physical worlds, Connext has now expanded its focus to include real-world bridge construction. By acquiring a leading Bangkok-based construction company, Connext aims to revolutionize the traditional construction industry with innovative design, cutting-edge technology, and sustainable practices.
