• Avalanche Integration Announced for Alameda-Backed Router Protocol

  • The integration, according to Ramani Ramachandran, co-founder and CEO of Router Protocol, will assist advance the objective of building a multi-blockchain future.

    Avalanche Router Protocol

    Router Protocol, based in Singapore, has integrated the Avalanche network’s C-Chain into its cross-chain messaging protocol. The breakthrough, according to the official press release shared with CryptoPotato, would allow users to exploit the Avalanche network by performing cross-chain transfers and swaps between blockchains such as Polygon, Binance Smart Chain (BSC), and Avalanche C-chain.

    With the integration, Avalanche smart contract users may now buy digital assets on other networks such as Polygon or BSC in a single transaction without leaving the network.

    Router Protocol was founded in 2020 with the goal of smoothly linking infrastructure between present and emerging Layer 1 and Layer 2 blockchain solutions.

    What Does Avalanche Integration Imply for End Users?

    The primary goal of the integration is to address challenges related with the increase in “siloed and unconnected” blockchains, which is impeding the industry’s growth. On that basis, it intends to provide the essential linking infrastructure, which will be distributed to all leading EVM and non-EVM chains.

    Users can gain access to an unique pathfinder algorithm, which aggregates decentralized exchanges to identify the best cross-chain swap prices. Aside from fast-finality, Router’s integration with Avalanche will enable seamless cross-chain swaps and 1:1 low-fee asset transfers of assets like as USD Coin (USDC), Avalanche (AVAX), Polygon (MATIC), and Binance Coin (BNB).

    Furthermore, the Router Protocol’s future software developer kit (SDK) will let developers to design cross-chain apps that will interface with several chains, including Avalanche.

    The most recent milestone comes three months after Router earned $4.1 million in strategic finance. Coinbase Ventures, Alameda Research, Polygon, De-Fi Capital, Maple Block, Wami Capital, QCP, TeraSurge Capital, Woodstock, Wintermute, and Shima Capital are among the significant industry participants in the round.

    Router CEO Ramachandran commented upon the financial investment,

    “We are thrilled to have assembled this dream team of investing partners.” Aside from finance, all of these investors have been fully involved—hands-on—in the design and development of Router and DFYN, as we seek to construct crucial, scalable cross-blockchain infrastructure that is urgently needed.”

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