Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
The NEAR Foundation, the non-profit behind the layer-1 NEAR Protocol, announced that the protocol now supports chain signatures, offering users multichain access from their NEAR account.
The chain signatures network is secured in part by Eigenlayer, which joins NEAR as a launch partner, according to a press release. Eigenlayer is a restaking project built on Ethereum.“Since day one, the NEAR ecosystem has focused on simplifying access to Web3 for developers and mainstream users,” said Illia Polosukhin, co-founder of NEAR.
Developers can now build decentralized finance products that use assets from other chains without bridging these assets, added the press release.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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