Press Release View Non-AMP

Magic Square Integrates With DeBridge

Published by
PR Manager

In the initial stage of the blockchain industry, the priority for many stakeholders was simply getting their feet in the door. This means attracting more people to the blockchain industry, securing mainstream acceptance, and so on.

Now, over a decade since the inception of Bitcoin, these priorities have changed. What is on the minds of many blockchain projects and crypto users is getting access to more innovative and convenient blockchain-related products and services. 

A significant development on this path has come via Magic Square with the integration of the deBridge protocol.

Details About the Integration

The integration for Magic Square with deBridge focuses on cross-chain interoperability and for Magic Square and its users to seamlessly go cross-chain.

Today, there is no single blockchain that everyone uses and that every asset is based on. Instead, there are multiple blockchains including Layer 1s and Layer 2s that are widely used by the public. 

Despite this diversity in blockchain platforms, people still need to transfer assets and data across blockchains. This is where a generic messaging and cross-chain interoperability protocol like deBrigde comes in.

As its name implies, deBridge acts as a cross-chain bridge and communication layer that facilitates the effective movement of data and assets across different chains.

“The basis of cross-chain interoperability is freedom and accessibility for projects and users to move between ecosystems, and everyone needs a secure and reliable infrastructure that enables this.

This is why deBridge exists to make sure everyone can scale up to and effectively move between ecosystems to tap into new userbases and opportunities, and to drive overall composability for the space” says Alex Smirnov, CEO & Co-Founder of deBridge.

Through deBridge, which acts as both an infrastructure platform and framework, all aspects from smart contracts and messages to NFTs and gaming assets can be moved across different blockchains.

For users and projects, this means increased opportunities while being connected to different blockchains that they rely on or want to scale up to, and moving their assets and data when needed in a secure and decentralized manner.

Beyond this, the integration can also open up to more robust DeFi options. Usually, a customer would only be able to access different DeFi features on the blockchain they are using.

With this integration, cross-chain lending, staking, lotteries, and so many other opportunities can be accessed. This means users can, for example, move assets and data including staking their tokens across multiple blockchains in a single transaction.

Needless to say, the integration with deBridge is enabling more access and benefits for everyone involved in the Magic Square ecosystem.

A More Connected (Blockchain) World

With more maturity in the blockchain world comes greater demand for flexibility and access to innovative features.

“With its new integration, the Magic Square is making sure that not only can its users maximize their benefits with the digital assets they use, but also that they are not restricted to any one blockchain.” said Andrey Nayman, CEO & Founder of Magic Square. 

All in all, Magic Square is making sure that the blockchain world is as connected and robust as possible.

PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

Recent Posts

Grayscale Submitted S-1 Form for Solana ETF, But Staking Is Off the TableGrayscale Submitted S-1 Form for Solana ETF, But Staking Is Off the Table

Grayscale Submitted S-1 Form for Solana ETF, But Staking Is Off the Table

Grayscale, the leading cryptocurrency asset manager, has officially submitted an S-1 form to the U.S.…

April 4, 2025
Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?

Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?

Story Highlights The price of Dogecoin today is . Dogecoin price may reach a maximum…

April 4, 2025
Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2?Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2?

Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2?

Story Highlights The live price of the Cardano token is . ADA coin price could…

April 4, 2025

Solana Price Prediction 2025, 2026 – 2030: SOL Price Targets $500 Next?

Story Highlights Solana Price Today is . Solana price could reach a potential high of…

April 4, 2025

Still Under $0.03, MUTM Is Being Touted as One of the Best Low-Cost Cryptos to Buy Right Now

With crypto markets slowly regaining momentum in 2025, investors are on the lookout for promising…

April 4, 2025

Pi Network Panic: Can a Coinbase Listing Save PI Coin from More Losses?

The Pi Network, with a community of 60 million users, is in massive panic as…

April 4, 2025