BRC20.com Integrates Portal to Open up DeFi on Bitcoin to Developers and Investors
SAN FRANCISCO, March 5, 2024 /PRNewswire-PRWeb/ -- BRC20.com, a BRC-20 ecosystem launchpad, today announced a new integration with Portal, the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping, to bring a host of DeFi features to crypto users beyond the Bitcoin community. The collaboration will allow BRC20.com to leverage Portal Swap SDK and integrate the Portal P2P decentralized exchange's (DEX) Layer 2 Atomic Swaps technology into their platform. For the first time, $.COM, BRC20.com's native token, will be seamlessly swappable with native BTC, Ether (ETH) and other cryptocurrency supported by the Portal DEX Network.
- The collaboration will allow BRC20.com to leverage Portal Swap SDK and integrate the Portal P2P decentralized exchange's (DEX) Layer 2 Atomic Swaps technology into their platform.
- For the first time, $.COM, BRC20.com's native token, will be seamlessly swappable with native BTC, Ether (ETH) and other cryptocurrency supported by the Portal DEX Network.
- "Our partnership with Portal represents a step towards fulfilling BRC20.com's and Portal's mutual vision of bringing the power of Bitcoin Defi to the masses while opening the door for both Bitcoin developers and investors to play a greater role in the Bitcoin DeFi revolution," said Farmer Joe, head of partnerships at BRC20.com.
- "Through this integration, we hope to significantly improve the accessibility of .COM and other BRC-20 tokens, which will not only help developers who are building new dApps on the Bitcoin Network, but also open up new DeFi avenues to traders and investors."