The prestigious Klaytn Foundation and renowned blockchain technology developer Ozys have recently solidified their partnership by signing a Memorandum of Understanding (MOU). The primary goal of this collaboration is to enhance the growth of the Klaytn ecosystem and enhance the competitive advantage of the Orbit Bridge, an influential cross-chain protocol created by Ozys.
Klaytn Foundation and Ozys Join Forces for Advancing the Global Blockchain Ecosystem
Since its inception in 2020, the Orbit Bridge has firmly established itself in the global market. With this new alliance, both organizations are committed to leveraging their technical expertise and commercial capabilities to further advance the development of the Orbit Bridge network. It’s worth noting that this collaboration isn’t a new endeavor, as Ozys has been an integral part of the Klaytn ecosystem as a GC (Governance Council) member and an official Development-Tool partner since July 2020. The recent MOU reinforces and expands their respective roles, focusing on their core networks and vital global offerings.
This partnership goes beyond the realm of business and extends to areas such as marketing, public relations, and community engagement. As a significant step forward in their collaboration, the Klaytn Foundation will also assume the role of a validator on the Orbit Bridge network, starting from August 10.
Orbit Bridge: A Strong Global Player in the Blockchain Arena
Orbit Bridge stands out by providing compatibility with 21 blockchain mainnets, including well-known names like Klaytn, Ethereum, Polygon, and TON. Furthermore, the platform establishes connections with over 100 tokens and integrates with 51 protocols. This impressive versatility has propelled Orbit Bridge to secure a prominent position in the top three for Total Value Locked (TVL) among global cross-chain bridges.
Beyond the remarkable Orbit Bridge, Ozys boasts an extensive portfolio of pioneering platforms. These include KLAYswap, a decentralized global exchange; KLAYSTATION, designed for KLAY public staking; KlaytnScope, focused on Klaytn block exploration; and Allbit.com, a leading charting service.
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