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.
IOHK Writes:
“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.