According to Odaily, Bifrost has announced a strategic investment in the Japanese blockchain project Japan Open Chain (JOC) and has established a partnership. This investment aims to expand the blockchain network through multi-chain technology and create a genuine blockchain ecosystem, facilitating the transition of Web2 enterprises into Web3.
The collaboration is expected to accelerate Bifrost's entry into the Japanese market while enhancing JOC's connectivity with the global cross-chain ecosystem. Through this strategic investment, Bifrost also seeks to expand its ecosystem in the Japanese stablecoin sector, contributing to the practical application and popularization of Web3 technology.