{"id":39110,"date":"2024-10-07T18:39:32","date_gmt":"2024-10-07T18:39:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/infinex-integrates-wormhole-to-power-multi-chain-defi-app\/"},"modified":"2024-10-07T18:39:32","modified_gmt":"2024-10-07T18:39:32","slug":"infinex-integrates-wormhole-to-power-multi-chain-defi-app","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/infinex-integrates-wormhole-to-power-multi-chain-defi-app\/","title":{"rendered":"Infinex integrates Wormhole to power multi-chain DeFi app"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_DeFi-3-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_DeFi-3-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_DeFi-3-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_DeFi-3-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Infinex is integrating Wormhole Connect for multi-chain in-app token transfers for its users.<\/li>\n<li>The DeFi platform will also use Wormhole Queries to bolster security and for cross-chain asset recovery.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Infinex, a platform that seeks to bring more users to the decentralized finance space via multi-chain access to protocols and apps, has selected Wormhole as its primary interoperability provider.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The project founded by Synthetix creator Kain Warwick will use Wormhole\u2019s technology to power in-app token transfers for its users.\u00a0<\/span><span style=\"font-weight: 400\">According to an <a href=\"https:\/\/twitter.com\/wormhole\/status\/1843324649905807431\" target=\"_blank\" rel=\"noopener\">announcement<\/a> on Oct. 7, Infinex will leverage Wormhole Connect and Wormhole Queries <\/span><span style=\"font-weight: 400\">to boost token transfers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cInfinex\u2019s vision is to simplify decentralized finance by creating a seamless, multichain user experience and providing the safest way to get onchain,\u201d said Kain Warwick, founder of Infinex.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is only the beginning\u2026<a href=\"https:\/\/twitter.com\/infinex_app?ref_src=twsrc%5Etfw\">@infinex_app<\/a> \ud83e\udd1d <a href=\"https:\/\/twitter.com\/wormhole?ref_src=twsrc%5Etfw\">@wormhole<\/a><\/p>\n<p>Stay tuned for more \ud83e\udde1 <a href=\"https:\/\/t.co\/eo3iJ1G9EV\">pic.twitter.com\/eo3iJ1G9EV<\/a><\/p>\n<p>\u2014 Infinex (@infinex_app) <a href=\"https:\/\/twitter.com\/infinex_app\/status\/1843327981412040859?ref_src=twsrc%5Etfw\">October 7, 2024<\/a><\/p>\n<\/blockquote>\n<h2>Efficiency and DeFi adoption<\/h2>\n<p><span style=\"font-weight: 400\">Wormhole features that will also benefit Infinex are efficiency and growing adoption across the decentralised finance ecosystem. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The platform\u2019s interoperability infrastructure currently connects more than 30 blockchains. Protocols have tapped into Wormhole to power more than a billion cross-chain messages and asset transfers worth more than $45 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Major industry players to leverage Wormhole integration include digital assets securities firm Securitize, decentralised exchange Uniswap, USDC issuer Circle and asset management giant BlackRock. Worldcoin also taps into Wormhole for its <a href=\"https:\/\/coinjournal.net\/news\/worldcoin-integrates-world-id-on-solana-using-a-wormhole-bridge\/\">World ID integration on Solana<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The integration with Wormhole follows Infinex\u2019s recent $65.2 million NFT sale that attracted Solana Ventures, Moonrock Capital, Framework Ventures and Wintermute.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/infinex-integrates-wormhole-to-power-multi-chain-defi-app\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Infinex is integrating Wormhole Connect for multi-chain in-app token transfers for its users. The DeFi platform will also use Wormhole Queries to bolster security and for cross-chain asset recovery. Infinex, a platform that seeks to bring more users to the decentralized [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":39111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39110"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=39110"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/39111"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=39110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=39110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=39110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}