Cardano development firm Input Output Global (IOG) is preparing to launch a converter that will enable interoperability between the Ethereum network and Cardano.
In a new announcement, IOG says the development will allow users to swap supported Ethereum tokens (ERC-20) to special Cardano-based tokens.
“It is designed for token issuers (organizations that wish to enable the migration of their tokens to Cardano), and their users (token holders) to use the tool to move their ERC20 tokens to the Cardano network.”
