Kana Labs is happy to announce an investment from Bifrost Network. Bifrost is a fast and scalable EVM-compatible blockchain that provides an all-in-one environment for developers to build multichain DApps. It is a public blockchain built on the Substrate framework and fully compatible with the Ethereum API, providing developers with access to a wide range of libraries and development environments.
All of Bifrost’s products and services are designed with one goal in mind “ignite a new era of Multichain 2.0 by redefining what true interoperability is”. In simple words, Bifrost is a platform that enables developers to create Decentralized Applications (DApps) on top of multiple protocols and creates a new environment where developers can combine the best protocols. At its core, Bifrost is a firm that shares similar goals and vision to Kana Labs. Both our products and services are geared towards enhancing cross-chain user experience.
Given our fondness for enabling a true multi-chain ecosystem and enabling developers and users to easily migrate from Web2 to Web3, we have also decided to form a strategic partnership as part of which Kana Labs will be helping Bifrost in building tools and infra which further simplifies and enhance their product offerings.
Speaking about the partnership, Aric Kim, Head of APAC & Marketing at Kana Labs said “Multi-chain is the key to connecting all users in Web 3.0. One day, with Bifrost, we can provide a comfortable environment where all users can aggregate together and share their experiences”.
