Aurora Labs has recently launched the Forwarder platform, designed to connect centralized exchanges (CEXs) such as Binance, Coinbase, Bitfinex, and KuCoin to the Aurora Mainnet and other virtual blockchains. This development aims to address the issue of network fragmentation in the blockchain ecosystem, which has historically limited the movement of assets across different blockchain networks. By bridging the gap between CEXs and decentralized platforms, the Forwarder enables businesses to access liquidity and provide a seamless experience for their customers, ultimately fostering greater interoperability across the industry.
As the cryptocurrency market expands, centralized exchanges face challenges in maintaining secure, regulated environments while also supporting new and emerging blockchain networks. This dilemma often restricts users’ ability to explore and engage with a diverse range of blockchain technologies, particularly those that may not be supported by major exchanges. In response to this growing need, Aurora has introduced the Forwarder to facilitate user access to virtual chains and emerging blockchain platforms that may lack sufficient support from CEXs, potentially isolating them from the broader ecosystem.
The Forwarder leverages bridge abstraction technology to enhance the capabilities of Aurora Cloud and promote wider adoption of blockchain technologies. By automatically connecting to CEXes and on-ramps, the Forwarder streamlines the process of interacting with digital assets across different blockchain environments, aiming to make exploration and engagement more accessible to users. Aurora plans to expand the network support of the Forwarder in the future, with the goal of connecting a wider array of blockchain ecosystems and further simplifying the user experience in navigating various blockchain environments.
CEO Alex Shevchenko emphasizes Aurora’s commitment to enhancing user experience in the web3 space, stating that the Forwarder builds upon the platform’s existing capabilities to offer seamless connections to CEXes and on-ramps. Aurora has already enabled businesses to launch networks with hundreds of validators from the beginning, along with stablecoins such as USDT and USDC, full interoperability and composability with Aurora and NEAR Mainnets, and now, with the introduction of the Forwarder, automatic connections to CEXes. Interested developers and enterprises are encouraged to explore the capabilities of the Forwarder through Aurora.Plus and participate in “Aurora Adventures” on Zealy.
Aurora, powered by its high-performance EVM and fully trustless Rainbow Bridge, combines an Ethereum-compatible experience with the modern blockchain performance of NEAR Protocol. The platform provides an optimal environment for creating scalable, carbon-neutral, future-safe, and cost-effective Web3 services, as well as tools to support Web3 initiatives. Aurora Cloud, the all-in-one blockchain solution for enterprises, offers businesses a starting point to embark on their Web3 journey. For more information, demonstrations, or potential collaborations, individuals can visit the Aurora website or contact the media relations team. Stay up to date with Aurora and its ecosystem by following them on X!
