Singapore, July 25, 2022 (GLOBE NEWSWIRE) — Crystal DeFia multi-chain platform for easily accessing popular decentralized finance (DeFi) services and managing non-fungible tokens (NFT), has partnered with Multichain to enable cross-chain bridge transactions on both desktop and mobile.
This integration allows Krystal users to bridge more than 1,100 assets to and from its 9 supported blockchain networks (Ethereum, BNB Smart Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Aurora and Klaytn).
Users no longer need to visit third-party sites to bridge assets across chains, and can now enjoy the full suite of transaction services – send, exchange, bridge and earn on a single platform.
With Krystal available on both mobile and desktop, users can enjoy the convenience and flexibility of bridging assets on the go, even if they don’t have access to a computer.
Regarding this new integration, Sunny Jain (CEO, Krystal) mentions, “This integration with Multichain brings us one step closer to a multi-chain future. Krystal already supports wallet and exchange services on 10 blockchains in total. Now with the launch of our asset bridge service, this will give our users greater freedom to spend their assets on the network of their choice.”
“We are pleased that Krystal DeFi has chosen to integrate Multichain’s Cross-Chain Router Protocol to support the multi-chain ecosystem. As a Web3.0 infrastructure, we are pleased to provide Krystal users with a lower cost, faster and safer experience across chains.” says Zhaojun, CEO and co-founder of Multichain.
Apart from bridging assets, users can perform token swaps, lend their tokens for passive income and manage their multi-chain portfolio within the convenience of one platform. Apart from EVM compatible chains, Krystal mobile wallet also supports assets on Solana blockchain.
Krystal’s services can be accessed via desktop or mobile application (iOS and Android).
About Multichain
Multichain is a web3 router that enables cross-chain interactions between different networks, including Ethereum-like chains, Layer 2 chains on Ethereum, a network of Parachains, Bitcoin or COSMOS chains.
Using the Secure Multi Party Computation (SMPC) network of nodes, Multichain allows all supported blockchains to interoperate with each other.
Since its inception in 2020, it has helped bridge more than $80 billion in assets across 56 blockchains and nearly 2,000 different currencies.
About Krystal DeFi
Krystal DeFi is a multi-chain platform for easy access to popular DeFi services and management of NFTs.
Krystal is a convenient single access point for trading with leading protocols on multiple blockchains including KyberSwap, Uniswap, Aave, Venus Protocol, PancakeSwap, SushiSwap et.al. To date, Krystal supports services on 10 blockchains – Ethereum, BNB Smart Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Aurora, Solana and Klaytn.
Krystal provides users with the best token exchange rates via SmartSwap, its Smart Liquidity Aggregator that sources tokens from 50+ DEXs. In addition, users can earn passive income, manage NFTs, participate in token sales via the KrystalGO launchpad, and access cutting-edge portfolio management and market insight tools. On top of it all, Krystal’s unique rewards program gives users bonus incentives when they shop or successfully recruit friends. Since its launch in April 2021, Krystal now attracts more than 220,000 monthly active users worldwide.
Media contact:
Felicia Phua
Crystal
