Skyline announces wrapped cAP3X token launch on Cardano
Blockchain developer Skyline has announced plans to deploy cAP3X, a wrapped AP3X token, on the Cardano blockchain, according to the information shared with Finbold on July 10. The launch, developed in collaboration with the Apex Fusion Foundation, will create a Cardano-native asset that provides access to the Apex Fusion ecosystem. The wrapped utility token will operate natively on Cardano (ADA), enabling interoperability between the Cardano and Apex Fusion networks. Users will be able to engage in cross-chain value transfers between the two blockchain ecosystems. Token integration and trading The cAP3X token will be compatible with Cardano wallets and DeFi protocols, with plans to establish an ADA/cAP3X trading pair and provide initial liquidity for Cardano-based decentralized exchanges. After deployment in July, users can transfer cAP3X from Cardano to PRIME Chain, Apex Fusion’s UTXO Layer 1 blockchain, using the Skyline Bridge. Once bridged to PRI...