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Layer 1 Project XION Announces Integration with MultiversX

Layer1 project XION has announced that it is integrating with MultiversX, bringing chain abstraction to MultiversX's sovereign chain ecosystem. The integration introduces seamless flow of native assets and accounts across ecosystems, addresses ecosystem fragmentation and unifies user experiences, and will allow developers to build custom Layer 2 and application chains compatible with the XION ecosystem and its growing network of integrated chains. This will unlock cross-chain composability of applications and leverage fast, low-cost transactions to further accelerate mass adoption of Web3.