Cardano and Injective Bridge Networks with IBC

The Cardano Foundation and Injective have formed a connection between their networks using IBC (Inter-Blockchain Communication) protocol.

Currently, this integration is limited to test environments, with Cardano Preprod and Injective Testnet facilitating the exchange of test $ADA.

IBC allows separate blockchains to exchange assets and verified data. In this setup, test $ADA is locked on Cardano while an equivalent IBC voucher is created on Injective.

The connection could potentially enable assets from Cardano to be used in supported Injective applications, markets, and liquidity protocols.