Arbitrum Expands Reach to Norway with NOK Token Integration1 hour ago 1 min read
Arbitrum, a leading Layer 2 scaling solution for Ethereum, has announced the integration of Norway’s digital currency, NOK. The integration will allow users to transact in NOK on Arbitrum, and it is the first time that a national currency has been integrated with a Layer 2 scaling solution. The integration was made possible by Symfoni Solutions, a company that specializes in building bridges between government services and decentralized finance (DeFi) applications. Symfoni developed a bridge that connects the Norwegian central bank’s digital currency platform with Arbitrum. The integration of NOK on Arbitrum is a significant development for the DeFi ecosystem.