What is a token bridge?

A token bridge is a protocol that facilitates the transfer of digital assets, such as cryptocurrencies or tokens, between two separate blockchain networks. It acts as an intermediary, allowing users to move their tokens seamlessly while maintaining the token's value and functionality on the destination chain. By locking the original tokens on the source blockchain and minting equivalent tokens on the target blockchain (or through similar mechanisms), a token bridge enables interoperability, expanding the utility and accessibility of blockchain assets across diverse ecosystems.