CandleFocus Portal Joins Forces with Bitfinity to Bridge $BTC into the World of DeFi
2024-12-12
Author: Content Editor
Cross-chain solution provider Portal has partnered with Ethereum Virtual Machine (EVM) for Bitcoin platform Bitfinity Network. The collaboration aims to enable the seamless integration of Bitcoin and other blockchains with decentralized finance (DeFi) applications. Portal's custodyless cross-chain infrastructure combined with Bitfinity's EVM compatibility will allow for cross-chain swaps without intermediaries and the development of sophisticated smart contract solutions. This partnership marks a significant step in blockchain interoperability and the increased adoption of Bitcoin in DeFi. Supported by notable investors such as Coinbase and Polychain Capital, Portal and Bitfinity are poised to disrupt blockchain connectivity and enhance Bitcoin's functionality in the DeFi ecosystem. This collaboration showcases the future of blockchain development and promotes the use of decentralized financial ecosystems.
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