According to Input output Hong Kong (IOHK) latest development, six cryptocurrency exchanges are actively engaging with the Cardano Foundation in order to integrate the long-awaited smart contracts update.
As Cardano nears the launch of Alonzo hard fork, the number of exchanges is expected to rise rapidly.
“We continue to remain on track for our Cardano smartcontract upgrade (via a H/F combinator event) on Sunday 12th September 2021.
We have been working hard over the weekend and continued to make positive progress, maintaining momentum against the timeline shared in our mid-month update. We’re in a good place but there is further work ahead.
Since spinning up the new Alonzo Purple network, we now have 250+ participants on the network.
Meanwhile, the first exchanges are making progress integrating with our components, with 6 exchanges now actively engaging with the CF-led integration team. We expect numbers to increase rapidly as the week progresses.”
IOHK will ensure that as many exchanges as possible are made Alonzo ready before deploying mainnet.