The Polkadot ecosystem DeFi protocol Composable Finance will launch the first cross-chain bridge Picasso between KSM and DOT

Chain Catcher news, Polkadot ecosystem DeFi protocol Composable Finance announced the launch of the first cross-chain bridge between KSM and DOT, supported by Cosmos IBC. A solution has already been built for the release of Picasso, attracting external liquidity. The current development focus will be on auditing IBC-rs, pallet-ibc, and GRANDPA light client to prepare for the launch of this cross-chain bridge, which is expected to be launched by the end of October. Picasso will start with DOT liquidity on the first day of its launch. (source link)