Ardana and NEAR Join Forces to Build a Crosschain Bridge

Ardana and NEAR Join Forces to Build a Crosschain Bridge
Two layer 1 smart contract platforms have joined forces in what’s being described as a “strategic partnership.”On Tuesday morning, Ardana, a stablecoin and lending hub on Cardano, announced an agreement with NEAR protocol, a layer 1 Ethereum alternative. Per a press release provided to CoinDesk, Ardana received a grant from NEAR to build a crosschain bridge between Cardano and NEAR.“NEAR’s vision always envisioned a multi-chain world, whereby each blockchain could seamlessly talk and exchange data between one another,” said NEAR foundation CEO Erik Trautman in the release.As multiple Ethereum alternatives gain steam, crosschain bridges are becoming an increasingly important infrastructure…