CoinDesk: Jump-Backed Wormhole Bridge Expands to Algorand Blockchain

May 11, 2023

Press & Publications

Written by: Algorand Foundation

CoinDesk reported that cross-chain bridge Wormhole has launched support for the Algorand blockchain, marking its 10th integration with a layer 1 blockchain. Wormhole’s Portal Bridge enables interoperability by locking original tokens in a smart contract and minting Portal-wrapped tokens on the target chain and at time of writing had $760 million in TVL.

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