East Blue Integrates Portal DeFi to Enable In-App Cross-Chain Trading
East Blue, a universal application layer for Bitcoin, building multi-chain infrastructure and consumer apps with blockchain technology, today announced a new integration with Portal DeFi, the world’s first trust-minimized Layer 2 cross-chain swaps protocol that involves no bridges, custody or wrapping. The partnership will integrate the $EAST token into the Portal DEX network, making it one-click, cross-chain tradable with native BTC, BRC20s, ERC20s and native assets on other major chains.
Riqi, CEO of East Blue stated, “In alignment with our vision to scale Bitcoin for mass adoption, this partnership with Portal marks a significant step forward to introduce secure, safe, and seamless trading on the Bitcoin ecosystem. Looking forward to integrating Portal into the EAST Abstraction Layer and exciting collaborations ahead!”
As the first DEX of its kind, Portal facilitates trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping. The integration of Portal Swaps SDK into East Blue’s chain infrastructure, will allow users to buy and sell native BTC, Eth, and other cross-chain cross-layer assets without leaving the East Blue ecosystem. The integration moves towards both parties’ mission of increasing accessibility for users and will provide additional liquidity via the Portal DEX Network which includes wallets, DEXs and bridges using the Portal swaps SDK. By integrating the $EAST token into the Portal DEX network, it becomes one-click cross-chain tradable with native BTC, fully trustlessly, something only made possible using Portal’s proprietary atomic swap technology.
“East Blue users will be able to trade their holdings directly in-app and benefit from the speed, liquidity and variety of assets they are familiar with on centralized exchanges, without custody and without needing to leave their ecosystem,” said Chandra Duggirala, Co-Founder and CEO of Portal. “Our partnership with East Blue represents our shared vision of increasing financial access for the masses and providing further liquidity through the Portal DEX Network for East Blue users.”
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 East Blue
East Blue is the universal application layer designed to scale the Bitcoin network as a comprehensive super app, Layer-2 solution and abstraction layer. East Blue aggregates and integrates a host of Bitcoin dApps, L2s, Ordinals, and more, creating a central hub for the Bitcoin ecosystem.
For more information, visit: https://eastblue.io/ and X (Twitter)
