Multichain and Step Network have formed a strategic partnership to amplify the visibility of the newly introduced blockchain, fostering a seamless connection between multiple prominent blockchain networks. This integration allows Step Network to engage with BNB Chain, Ethereum, and ten other prominent chains, significantly expanding its global reach.

Step Network, backed by notable figures such as Usain Bolt and global corporations, has recently entered the blockchain domain and has since forged several partnerships to expand its global presence. This integration enables users to bridge seven assets, including BUSD, USDC, BNB, WBTC, USDT, ETH, and DAI, as well as transfer FITFI between Avalanche and Step Network. This streamlined asset release on the Step blockchain grants users immediate access to Step products, opening up unparalleled DeFi opportunities for developers due to its straightforward onboarding protocols.

The timing of this integration aligns perfectly with Step Network's plans to roll out StepEx, a decentralized core exchange, by the end of August, marking a significant milestone. The launch will involve a fair launch Lockdrop, enabling Multichain users to transfer assets from Polygon, BNB, Ethereum, and other networks to Step Network and participate in the Lockdrop to receive unlocked StepEx tokens for free. Known for its innovative approach to cross-chain communication, Multichain's integration aims to establish a seamless multi-chain ecosystem with enhanced interoperability.

Looking ahead, there is potential for more interoperable chains and tradable tokens via Multichain to connect with Step Network in the future. Despite its recent debut in 2020, Multichain has been at the forefront of addressing the need for diverse blockchain networks, with its network interoperability streamlining value and asset transfers across chains. Therefore, the integration holds significant promise for Step Network's growth and development.