Token

SushiSwap

Axelar

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 Cross-chain interoperability protocol <a target="_blank" href="https://tokeninsight.com/en/coins/axelar/overview" rel="noopener noreferrer nofollow">Axelar</a> announced the launch of Interchain Token Service, which aims to enhance the interoperability of ERC-20 tokens across EVM compatible chains. 
 The service is a product suite to mint and manage Interchain Tokens, which provide tokens cross-chain fungibility and custom functionality. Tokens using Interchain Token can avoid security risks and compatibility issues brought by the bridged token versions. 
 According to Axelar, <a target="_blank" href="https://tokeninsight.com/en/coins/sushiswap/overview" rel="noopener noreferrer nofollow">SushiSwap</a> has adopted Interchain Token to facilitate seamless interaction of $SUSHI across multiple chains. SushiSwap CEO Jared Grey said, "Axelar's Interchain Token Service unlocks a more seamless, interchain experience for Sushi users. Currently, there are many bridged versions of $SUSHI that lack fungibility and carry bridge risk. With Interchain Tokens, Sushi can achieve true cross-chain interoperability, simply and securely." 
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Axelar Launches Interchain Token Service to Improve Interoperability, with SushiSwap Adopting

TokenInsight

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