Cryptocurrency exchange Binance has released the second version of Binance Bridge 2.0, the cross-chain protocol that connects BNB Chain to other networks.
Binance Bridge 2.0 will support almost all Ethereum native tokens, improving interoperability between different blockchains. Its users will have access to both traditional centralized finance (CeFi) and decentralized finance (DeFi) through the Binance app.
The blockchain bridge, designed differently from the previous one, introduces a new mechanism for bridging selected and unlisted tokens from Ethereum to BNB Smart Chain as BTokens. Wrapped tokens can be used with the BNB Chain ecosystem to explore DeFi, blockchain games, the metaverse and more.
Binance has renamed its Tier 1 network to BNB Chain as part of its ambition to become a major blockchain infrastructure provider.
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