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Cardano to Launch Its First Cross-Chain Bridge With Link to Nervos

Updated: Jul 16, 2021

The launch, due in weeks, marks a first for the three-and-a-half year old Cardano network.

Public chain projects Nervos and Cardano said they plan to enable interoperability across their platforms within the next six weeks. The bridge furthers their goals of discovering the industry’s “Bluetooth moment,” Nervos and IOHK, according to the development team behind Cardano.

The launch is significant because it links two ecosystems worth billions of dollars in terms of market capitalization, the companies said in a press release on Wednesday. It is the first bridge for cardano (ADA, +2.16%) (ADA), currently valued at $56.3 billion and the market’s fourth most valued crypto.

Blockchain accelerator Mousebelt has been tapped to develop the tech, with funding to come from a Nervos...

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