AILayer Integrates Portal DeFi Enabling Trustless Swapping and Facilitating Highly Secure Trading of Native Tokens
AILayer, an innovative Bitcoin Layer 2 with a focus on AI-driven modular construction, backed by prominent investors including Genblock Capital, Amber, Monday Capital, AscendEX, today announced an integration with Portal DeFi, the world’s first Layer 2 atomics swaps protocol on Bitcoin. The partnership will integrate AILayer’s native token into Portal DEX, making it one-click, cross-chain tradeable against native Bitcoin Layer 1 and Layer 2 assets. AILayer achieved a TVL of over $600M on its 1st day.
"We are excited to partner with Portal, an omnichain liquidity layer for the Bitcoin network. Our role as a Bitcoin Layer2 serving AI Dapps is greatly enhanced by collaborations with pioneering technologies like Portal, supporting our mission to offer a seamless and secure ecosystem for AI." - said Paul Xu, CBO of AILayer.
The integration of the Portal Swaps SDK into AILayer infrastructure connects the broader AILayer ecosystem with the users and liquidity on the Portal DEX Network. This means access to a broader variety of tokens, deeper markets and better execution for AILayer users, all without the risks of custody or wrapping. AILayer will support liquidity pools of the AILayer’s native token on Portal DEX to facilitate seamless and secure trading of its native tokens.
“We are excited to partner with the AILayer team in our shared mission to democratize access to wealth, through safe and easy access to Bitcoin and its emerging Defi ecosystem,” said Chandra Duggirala, CEO and Co-founder of Portal.
About Portal DeFi
Portal, conceived by a team of veteran Bitcoin and AI engineers, is dedicated to empowering financial self-sovereignty. The Portal Cross-Chain DEX Network is designed to match the speed, liquidity and user experience of centralized exchanges while eliminating the inherent custody risks of bridges and CEXs. Portal is backed by Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io and many other prominent investors. For more information, visit https://portaldefi.com, X (Twitter), Discord, Medium and Telegram
About AILayer
The AINN Layer2 brand has been upgraded to "AILayer," aiming to better embody the positioning of AI and the platform-level ecological evolution towards the billion-level market.
AILayer, as an ecosystem project originating from the AINN community, is committed to becoming an exemplar of the combination of AI and Bitcoin technology, and one of the most critical infrastructures in the decentralized artificial intelligence field.
For more information, visit: https://ailayer.xyz, X (Twitter) and Telegram
