This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.
Decentralized exchange SushiSwap announced a new roadmap, promising to allow users to “Swap Anything” from non-fungible tokens (NFTs) to coins across over 35 chains.
The roadmap targets one of the key pain points of the blockchain ecosystem — liquidity across networks. The company recently unveiled a route processor to gather traders’ better rates with liquidity aggregated from hundreds of sources.
According to data from DefiLlama, Sushi’s aggregator tool has generated $597.76 million in all-time trading volume since July. The revised roadmap follows recent governance changes in the DEX, which created a counsel structure where its community would still have the power to decide on treasury allocations but wouldn’t be involved in operational details.