ChainCatcher news, according to the official blog of Lido, Lido contributors announced the launch of wstETH on BNB Chain. This extension represents the first time that Lido has been securely integrated with a Layer1 blockchain outside the Ethereum ecosystem.

Since wstETH is now integrated, it can be transferred between Ethereum and BNB chains using the Native Token Transfer (NTT) framework. This interoperability was jointly developed by Web3 interoperability networks Axelar and Wormhole, and the resulting cooperation led to the creation of a specification bridge.