crypto.news
Okto announced that its Okto Wallet will now support AggLayer, a cross-chain settlement solution developed in collaboration with Polygon Labs.
The partnership, revealed at the Aggregation Summit and shared with crypto.news, aims to simplify users’ interactions with different blockchain networks, making decentralized finance more accessible without requiring technical knowledge.
The AggLayer solution allows blockchain networks to communicate and interact, addressing one of DeFi’s main challenges: chain interoperability.
By integrating with AggLayer, Okto Wallet will enable users to conduct transactions across multiple blockchain networks through a single interface.
This means users won’t have to navigate each blockchain separately, which simplifies the experience.
Chain Abstraction Stack
Okto is also introducing a Chain Abstraction Stack, which includes the Okto App Chain, a customizable blockchain solution built with Polygon’s Chain Development Kit. This stack is designed to help developers create decentralized applications without requiring extensive blockchain expertise.
By providing tools that simplify blockchain complexity, Okto aims to expand the DeFi ecosystem and potentially reach a broader audience.
Okto’s integration with AggLayer marks a step toward “chain abstraction”—concealing the technical differences between blockchains to enable seamless user interactions with DeFi.
This collaboration could make decentralized finance more accessible to millions, setting the stage for a more interconnected blockchain environment.