LayerZero marking its availability on Cronos EVM and Cronos ZkEVM together with mainnet and testnet networks. The mixing permits entry to 115+ blockchain networks aside from that builders can now construct bridges, improve token utility, and may create extra cross-chain purposes.
The transfer unlocks entry to billions of {dollars} in crypto property hosted on Cronos, paving the best way for additional protocol integrations and increasing the Cronos ecosystem.
Ken Timsit, Managing Director of Cronos Labs, stated: “Cross-chain interoperability has been a serious precedence of the Cronos undertaking since its inception. Given the numerous safety and liquidity challenges related to the fragmentation of the crypto trade, Cronos Labs is executing on that precedence with warning and dedication. In 2025, we anticipate a lot better connectivity between crypto initiatives and conventional finance. The mixing with LayerZero allows that.”
Cronos Now Linked to 115+ Blockchains: We’re excited to announce that @LayerZero_Core, the main cross-chain interoperability protocol, is now reside on Cronos EVM and Cronos zkEVM!
Learn the total announcement: https://t.co/cyNqsFQi5D
This integration connects Cronos… pic.twitter.com/SDLNK238WV
— Cronos (@cronos_chain) January 31, 2025
Bryan Pellegrino, CEO of LayerZero Labs, added: “Cronos zkEVM is likely one of the first Elastic Chains LayerZero is increasing to, which is thrilling, as the entire level of interoperability is to attach several types of chains. Excited to see what’s constructed right here!”
Cronos EVM customers can now seamlessly switch property between the Cosmos SDK ecosystem, different EVM chains, and Solana. Cronos zkEVM customers retain their Ethereum bridge entry and acquire sooner cross-chain transfers to a broad vary of layer-1 and layer-2 networks. These enhancements improve interoperability throughout the Cronos ecosystem.
Cronos Labs has introduced that new bridging choices, together with CRO/zkCRO, shall be added to the Cronos bridge portals (cronos.org/bridge and zkevm.cronos.org/bridge) within the coming weeks. The corporate is actively supporting builders constructing cross-chain dApps, notably these exploring prediction markets, asset tokenization, artificial asset buying and selling, DeFi lending, and staking protocols.
Cronos Labs is very concerned with purposes leveraging LayerZero for cross-chain performance, together with these utilizing locked collateral throughout totally different chains.