Definition ∞ Interoperable Markets are financial ecosystems where different blockchain networks, digital platforms, and traditional financial systems can communicate and exchange assets or data seamlessly. This reduces barriers between distinct systems, enabling more efficient capital flows and a broader range of financial products. The goal is to create a more unified and accessible global financial landscape.
Context ∞ The development of Interoperable Markets is a key objective for the long-term growth and utility of the digital asset economy. Current efforts focus on building secure and efficient cross-chain bridges and standardized communication protocols. Achieving true interoperability remains a significant technical and regulatory challenge, with ongoing debates about security, decentralization, and the potential for market dominance by certain solutions.
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