A Bridge NFT refers to a non-fungible token designed to facilitate the transfer of digital assets across different blockchain networks. These tokens act as a bridge, allowing users to move their NFTs or other assets from one blockchain to another seamlessly.The process usually involves locking the original NFT on the source blockchain and minting a corresponding token on the destination blockchain. This ensures that the original asset remains secured and prevents duplication. Bridge NFTs are crucial for improving interoperability between various blockchain ecosystems. They enable users to access different marketplaces, participate in diverse communities, and utilize various features without being restricted to a single blockchain. As the demand for cross-chain solutions grows, Bridge NFTs help enhance the overall utility and accessibility of digital assets, making it easier for users to navigate multiple platforms.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the