Axelar (AXL) will provide technical support for the cross-chain integration of wstETH into BNB Chain

BlockBeats news, on August 13, Axelar issued a statement saying that the new official cross-chain bridge has been approved. In the on-chain vote completed on August 9, Lido DAO approved the integration of Axelar and Wormhole as the canonical solution for bridging Lido Staked ETH to BNB Chain, and Lido's wstETH will be integrated cross-chain to BNB Chain.

Currently, the cross-chain and UI are awaiting testing, and this is also the second time Axelar has connected Lido outside the Ethereum L2 ecosystem. Previously in 2023, Axelar became the cross-chain bridge that brought wstETH to Cosmos-this was its first time to step out of Ethereum L2.

Lido DAO's collaboration with Axelar established its first official bridge outside of L2verse. Additionally, the link will enable dApps to integrate wstETH on BNB Chain into a unified UX with full programmability on the open stack.