Apex Fusion, a federated multichain Layer 1 (L1) solution, has launched its highly anticipated public testnet, marking a significant milestone in its project roadmap. This development aims to tackle one of the most critical barriers to Web3 adoption: fragmentation.
Apex Fusion seeks to interconnect isolated UTXO and account-based networks through seamless bridges, thereby enabling effortless asset transfer, development, and growth across various protocols. According to Ivan Bjelajac, CEO of Apex Fusion Foundation, "Coordinating multiple layers with different purposes is the right way to build and deploy more compliant, more interoperable, and more user-friendly networks. This is more than just a milestone achievement for us; it's a move towards a more decentralized future."
The public testnet release is a pivotal step in Apex Fusion's journey and a notable achievement for the team and its core contributors, including industry-recognized partners such as Tenderly, Eternl, Charlie3, and TxPipe.
Apex Fusion remains committed to transparency and fostering strong relationships with its community of builders, supporters, and stakeholders as the project progresses.
