at Ava Labs
The Avalanche Bridge is a new cross-chain transfer solution developed by Ava Labs using Intel SGX technology. The bridge currently allows Ethereum users to seamlessly move their ERC20s over to the Avalanche ecosystem to leverage the DApps and platforms available on Avalanche. Since launching at the end of July 2021, the Avalanche Bridge has secured more than $700M in transfers from Ethereum to Avalanche. Moving forward, the bridge plans to add support for additional networks and asset types.
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