Blazpay, an India-based crypto AI platform offering cutting-edge DeFi solutions, announced a strategic partnership with Gaya Wallet, an AI-powered multi-chain, self-custody wallet. Through this partnership, Gaya Wallet will expand its cross-chain efforts and bring billions of dollars of liquidity to the Gaya blockchain ecosystem.
GAYA Wallet is built on the Gaya blockchain and makes cryptocurrencies accessible to users around the world. Gaya Wallet is known for its pioneering self-custody and AI-driven cryptocurrency wallets that support BNB, XRPL, Solana, and Ethereum, serving millions of clients around the world and offering popular cryptocurrencies.
Gaya Wallet leverages Blazpay technology to expand cross-chain capabilities
This partnership allows us to integrate the GAYA wallet into Blazpay’s multi-chain infrastructure. After being incorporated, Gaya Wallet customers can now perform efficient cross-chain transactions across more blockchains and layer 2 networks. Blazpay is cross-chain in nature and integration with multiple protocols enables strong interoperability by powering asset transfers across prominent layer 1 and layer 2 chains such as Solana, BNB Chain, Polygon, Ethereum, Omni network, Manta network, Viction, Bitlayer, Morpho, Monad, Berachain, Movement, and more.
By leveraging Blazpay’s SDK integration and multi-chain power, Gaya wallet users can perform efficient cross-chain swaps, access exchanges’ best prices, and ensure funds flow between different blockchain networks. This will enable Gaya customers to manage their tokens, perform transactions, and access applications across various networks through a unified interface. For example, this will allow customers to exchange Polygon’s HBAR for Avalanche’s USDT directly within their Gaya wallet.
Historically, incorporating multi-chain functionality into a wallet has required supporting multiple DEXs and bridges, which can be burdensome for regular cryptocurrency customers. Blazpay provides a single API that streamlines this process, allowing users’ wallets to access multiple blockchains, DEXs, and bridges.
Cross-chain interoperability: its role in improving customer experience in DeFi
By collaborating with Blazpay, Gaya is demonstrating its commitment to simplifying cross-chain transactions and improving customer experience. While DeFi promises to revolutionize financial services through the use of blockchain technology, significant challenges remain, with most decentralized platforms remaining limited sanctuaries within a single blockchain network like Solana. The partnership between Gaya and Blazpay highlights the need to build smooth interoperability between diverse blockchains to enable full DeFi functionality.
Removing barriers between cryptocurrencies enables more advanced applications that a single chain alone cannot provide. As cross-chain interoperability and communication matures, crypto platforms are evolving from fragmented financial protocols to a coherent and interconnected international financial system.