Cronos Labs and Layerzero (ZRO), two blockchain platforms, have announced that the Layerzero Cross-Chain Messaging Protocol is now live on Cronos Ethereum (ETH) Virtual Machine (EVM) and Cronos Zero-Knowledge EVM (ZKEVM), like Meldeld) Finbold on January 31.
The protocol available on both the Maint Network and the test network, helps developers to build cross-chain bridges, expand tokenecosystems and develop apps that connect Cronos users with more than 115 supported chains, including Ethereum and Solana (SOL).
Seamless cross-chain transfers on Cronos
Thanks to the launch, users of Cronos EVM, the leading EVM-compatible Layer-1 (L1) Blockchain will be built on the Cosmos Source Development Kit (SDK), seamless assets about the Cosmos ecosystem and several EVM chains.
On the other hand, Cronos ZKEVM, the first elastic chain that launches in the Mainstnet after the ZKSync era, will benefit from improved connectivity by retaining his native ETH bridge and seeing faster cross-chain transfers.
It is also remarkable that Cronos EVM is already interoperable with Cosmos SDK networks via the Interblockchain communication (IBC) protocol.
According to Ken Timsit, director of Cronos Labs, interoperability has been an important priority of Cronos since the first day:
“Cross-chain interoperability has been an important priority of the Cronos project since its foundation. Given the important challenges for safety and liquidity related to the fragmentation of the crypto industry, Cronos Labs performs that priority with caution and determination. In 2025 we expect much greater connectivity between crypto projects and traditional finances. The integration with Layerzero makes that possible. “
Advanced Defi and bridging solutions
Bryan Pellegrino, Chief Executive Officer (CEO) of Layerzero Labs, noted that Cronos ZKEVM is one of the first elastic chains layer, is expanding.
Although Layerzero functions are currently on developer-oriented, it is expected that more functions for end users are expected in the near future, for example additional cross-chain bridging options on the official Cronos Bridge portals, including new CRO/ZKCRO token transfers.
In addition, Cronos Labs is working on supporting developers who use Layerzero’s technology to create innovative applications, such as prediction markets for the prediction, real-world assets (RWA) tokenization and synthetic assets-trading platforms, cross-chain lending and decentralized and decentralized) solutions , as well as liquid -using and repairing protocols.