deBridge Launches IaaS Solution For Cross-Chain Communication Between Ethereum And Solana

deBridge has launched an Infrastructure as a Service (IaaS) turnkey solution that offers a subscription-based interoperability service to facilitate cross-chain movements on Ethereum (ETH) and Solana (SOL) Virtual Machines. IaaS is designed to tackle key challenges hampering interoperability between the Ethereum and Solana ecosystems. To do this, the service is packaged as an all-in-one solution relying on some of deBridge’s products.

As a result, the service will facilitate the transfer of authenticated messages via deBridge and promote high-performance cross-chain trading and value transfers using its DeSwap Liquidity Network (DLN). Also, the IaaS would promote cross-chain asset custody with dePort, a native protocol for bridging and creating utility for assets on other blockchains.

deBridge said it has onboarded Neon Labs, an Ethereum Virtual Machine on Solana, as its first client. This strategic use of IaaS positions Neon for increased adoption, encompassing activities like cross-SVM contract calls from the EVM, native bridging from Solana, and the integration of cross-NFTs (cNFTs).

Image: deBridge