VeChain Launches New Blockchain Bridge, Expanding Connections to Bitcoin, Ethereum, and 40+ Top Networks

VeChain, the leading enterprise blockchain platform, officially announced the launch of a new multi-chain bridge, marking a major step forward in its strategy to expand the Web3 ecosystem. Developed through an integration with Wanchain, the bridge enables seamless interaction between VeChain and major blockchains such as Bitcoin, Ethereum, and 40+ other networks, including popular assets such as BTC, ETH, and USDC.

This not only enhances VeChain’s cross-chain interoperability, but also opens up huge opportunities for both individual and enterprise users. Users can now connect assets from popular blockchains to the VeChain ecosystem, and flexibly transfer native tokens such as VET and VTHO out, promoting capital flows and improving liquidity across the entire network.

According to VeChain, this integration plays a crucial role in supporting DeFi applications, facilitating business payments with trusted digital currencies, and enhancing the utility of digital assets in the context of the rapid development of Web3.

“This is a strategic move to expand the scope of commerce, encourage innovation, and accelerate the adoption of Web3 technology in the real world,” said Sunny Lu, founder and CEO of VeChain.

To ensure safety and efficiency, the new bridge system will be fully audited by independent third parties. VeChain also revealed plans to launch campaigns to encourage users to participate in using the bridge by rewarding cross-chain transactions, thereby promoting interaction and user experience.

The launch of this multi-chain bridge is a testament to VeChain's continued efforts to build an open, connected blockchain ecosystem that serves global commerce practices – where digital assets can move flexibly and be used more widely than ever before.