Neon EVM has announced its integration with deBridge

by Max Nevskyi

3 years ago

On November 1st, in their blog, the Neon EVM team announced a collaboration with deBridge's Infrastructure as a Service (IaaS), enabling cross-chain compatibility between the EVM and SVM ecosystems.

The partnership between deBridge and Neon EVM is a significant step towards functional compatibility of different blockchain ecosystems, commented Marina Guryeva, Director of Neon Foundation.

Neon EVM is a virtual Ethereum machine that operates as a smart contract on the Solana network. With Neon EVM, developers can deploy decentralized applications on Ethereum without the need to modify their code.

DeBridge is a protocol that facilitates decentralized data exchange between blockchain networks.

Infrastructure as a Service (IaaS) from deBridge offers the following capabilities:

Data exchange between EVM and SVM.
Secure asset transfer from other networks.
Asset storage between networks using dePort.
Minimal slippage regardless of order size.
The ability to trade local assets without liquidity lockup risks on the cross-chain DLN exchange.

Earlier, Neon EVM also launched the decentralized autonomous organization Neon DAO on the Solana mainnet.

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