Broken Bound, a cross-chain platform for blockchain interoperability, has announced the launch of BEBE to foster interoperability in the blockchain landscape. BEBE aims to remove silos while introducing fluid cross-chain interactions. With this, the platform is set to redefine the functionality of liquidity and governance across the decentralized platforms.
Broken Bound has announced the news through its official X account. While BEBE is a solution aiming to bridge the gap between the collaborations of networks and ecosystems effortlessly.Â
Broken Bound launches BEBE to take a step forward in transforming the decentralized economy rather than just a technical upgrade. Mostly, the blockchain environments do not promote the adoption of liquidity and governance, confining them in every possible way.
Broken Bound leverages BEBE to build an open infrastructure, enabling a free flow of value and decision-making between various chains. Through this initiative, Broken Bound is set to empower interoperability while laying the foundation for a more integrated blockchain space.Â
BEBE is poised to remove restrictions on governance mechanisms and assets and allow them to move freely. With this, BEBE aims not to promote isolation among ecosystems. With this cross-chain connectivity, developers, institutions, and users feel empowered and navigate a larger, unified market. Liquidity circulates in the most needed place rather than sitting idle in one network, promoting efficiency and accessibility.
Broken Bound believes that if interoperability unlocks limitless growth, it is truly powerful. It allows a borderless expansion of Web3 and decentralized finance (DeFi). Broken Bound, through BEBE, is set to make interoperability the core for blockchain partnerships in the future. Â

Legal experts are concerned that transforming ESMA into the âEuropean SECâ may hinder the licensing of crypto and fintech in the region. The European Commissionâs proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the blocâs licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission published a package proposing to âdirect supervisory competencesâ for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.Concerningly, the ESMAâs jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.Read more

