Cross-chain protocol Multichain has integrated a second layer solution for Bitcoin Rootstock (RSK). This was reported to ForkLog by project representatives.

RSK is the sidechain of the first cryptocurrency network and is fully compatible with: Ethereum Virtual Machine. The protocol is one of the fastest growing DeFi ecosystems for Bitcoin.

Multichain supports over 53 blockchains, over 2400 cross-chain bridges, and thousands of assets. The value of the funds blocked in the protocol is more than $3 billion.

According to the cross-chain solutions team, the integration provides a number of benefits to RSK-based developers. For example, resource expenditures are not required to build bridges to reach capital and targeted markets. They also spend less time bringing new products to market.

Users added ETH, USDC, BUSD, BNB, WBTC, DAI and other assets RSK, Ethereum and soon BNB Chain, Multichain. Additional sidechain bridges will be announced by the team in the “coming weeks and months”.

For the cross-chain protocol, RSK became the first supported “sidechain” of the digital gold network.

“We are pleased to see that Multichain has chosen RSK integration as their first L2 solution for Bitcoin. […] “This is a big step forward for the sidechain that will allow thousands of new users to access DeFi services,” said Rootstock co-founder Gutierrez Saldívar.

Recall that in December 2021, the Multichain team attracted $60 million in investment in a Binance Labs-led round.

In January, developers announced the discovery of a critical protocol vulnerability affecting WETH, PERI, OMT, WBNB, MATIC, and AVAX tokens. A few days later, the expert discovered that the hackers continued to exploit the error and removed at least $3 million in assets.

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