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LA Token launches LACHAIN to bridge Ethereum-based networks

Crypto platform LA Token has become the latest exchange to launch its own blockchain with the LACHAIN network which it hopes will give its users access to decentralized finance (DeFi) products and a bridge between other networks. The layer-1 Ethereum Virtual Machine (EVM)-compatible and WebAssembly (WASM)-compatible LACHAIN went live on Mar. 10 to help LA Token capitalize on expected future growth in demand for token bridges between networks. LA Token was launched in 2017 in the Cayman Islands. It has had $281.6 million in trading volume over the last 24 hours according to CoinGecko. EVM compatibility allows tokens on the proof-of-stake LACHAIN to transfer seamlessly between other Ethereum-based networks such as Polygon (MATIC) and others including BNB Chain (formerly Binance Smart Chain)....