Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market., a groundbreaking protocol poised to transform blockchain interoperability. This investment marks a significant milestone as the Web3 Foundation’s inaugural funding initiative, highlighting Hyperbridge’s critical role in the rapidly expanding Web3 ecosystem.
“Hyperbridge represents a significant step towards a cross-chain future, embodying the highest standards of security, scalability, and innovation,” said Fabian Gompf, CEO of Web3 Foundation. “By building on Polkadot’s robust framework, Hyperbridge empowers the ecosystem with verifiable, unstoppable interoperability, setting a new benchmark for secure cross-chain solutions.”
Security is at the core of the Hyperbridge design, with audits conducted by the same team responsible for Polkadot. As the industry grapples with insecure multisig bridges, Hyperbridge’s zk light clients for Polkadot and Ethereum offer a secure, verifiable alternative. By consolidating multiple connections into a unified, reliable network, Hyperbridge aims to be the leader in verifiable, cross-chain communication and interoperability.
Exclusively built on Polkadot, Hyperbridge inherits the network’s unparalleled economic security, giving it the highest level of economic security for any bridge available today. Polkadot’s design, optimized for high interoperability, fast-finality, and affordable compute through agile coretime, provides the perfect foundation for Hyperbridge’s rollup architecture.