According to ChainCatcher, multi-chain smart contract platform Astar Network launched XVM on the public testnet, providing seamless interoperability between different smart contract environments such as Ethereum Virtual Machine (EVM) and WebAssembly (WASM) for projects built on Astar Network.

It is reported that Astar Network supports building dApps using EVM and WASM smart contracts, and provides developers with true interoperability through cross-consensus messaging (XCM) and cross-virtual machine (XVM). According to Rootdata, Astar Network has completed 3 rounds of financing totaling US$34.4 million, including US$22 million in financing in January last year. Polychain led the investment, with participation from Alameda Research, Gavin Wood and others. (Source link)