According to ChainCatcher, Bifrost, a cross-chain project under blockchain technology company PhiloLab Technology, announced a strategic investment in the Japanese blockchain project Japan Open Chain (JOC).
The investment aims to promote market expansion of Web3 enterprises in Japan and around the world and build a blockchain ecosystem for practical applications.
Bifrost plans to provide interoperability technical support for JOC and will deploy decentralized application (DApp) services on its network to further activate the JOC network ecosystem.