Home Blockchain MetaMask launches Bridge Aggregator, which allows tokens to be moved across blockchains

MetaMask launches Bridge Aggregator, which allows tokens to be moved across blockchains

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MetaMask launches Bridge Aggregator, which allows tokens to be moved across blockchains

Source: blockchain.news

Popular self-custody wallet MetaMask has now launched a bridge aggregator that allows users to connect across multiple blockchain networks.

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The Metamask Bridge currently supports bridging capped at $10,000 per Ether transfer and Wrapped Ether (wETH), major stablecoins and native gas tokens. The bridge also supports major Ethereum Virtual Machines (EVMs) such as Ethereum, Avalanche, Binance Smart Chain (BSC), and Polygon. Support for more EVM networks such as Arbitrum and Optimism is said to be available in the future.

In addition to the supported blockchain networks, the bridging feature also allows MetaMask users to move tokens from one blockchain network to another without digging to find and choose a trusted bridge.

Of the two layers of bridging providers: bridging aggregators and individual aggregators, Metamask chose to integrate with two bridging aggregators, Socket and LI.FI. The crypto wallet stated that through these two bridge aggregators, it would support individual bridges starting with providers like Connext, Hop, Celar cBridge, and Polygon Bridge.

The new bridging feature is available to all MetaMask users in the beta version of the Portfolio dApp, a new decentralized application (DApp) released in September. It allows users to have an overview of their crypto and non-fungible tokens (NFTs) in one place.

The dApp feature includes “view any wallet”, a feature that allows users to add their account offline or hardware wallet and a feature that allows users to add their friends’ ENS domain or public address to their watch list. Portfolio dApp currently supports assets from seven different networks: Ethereum, Optimism, BNB Smart Chain, Polygon, Fantom, Abritrum, and Avalanche.

Until now, MetaMask has been introducing a handful of tools, making interactions between blockchain networks and asset tracking more efficient. Earlier this month, the non-custodial wallet provider launched a new non-fungible token (NFT) portfolio tracking service powered by NFTBank, an NFT valuation engine and portfolio management tool.

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