Foresight News reports that the blockchain interoperability protocol Hyperbridge has officially launched its mainnet. Its verifiable multi-chain bridge aims to replace cross-chain solutions that rely on off-chain committees with on-chain identity verification technology, supported by a combination of light clients, cryptoeconomics, and zero-knowledge proof technology.
Foresight News previously reported that Hyperbridge completed a $2.5 million seed round of financing in September this year, led by Web3 Foundation and Scytale.