Multichain has recently unveiled a partnership with Step Network, aimed at boosting the exposure of the newly introduced blockchain. This integration enables Step Network to engage with BNB Chain, Ethereum, and ten other prominent chains.

Step Network, backed by figures like Usain Bolt and various global corporations, entered the blockchain domain recently and has since forged several partnerships to expand its global presence. Now, users can bridge seven assets, including BUSD, USDC, BNB, WBTC, USDT, ETH, and DAI. Additionally, FITFI can be transferred between Avalanche and Step Network. This integration streamlines asset release on the Step blockchain, granting users immediate access to Step products.

Moreover, it opens up unparalleled DeFi opportunities for developers due to its straightforward onboarding protocols. The timing 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's 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.