TeleportDAO Announces Integration with Portal DEX for Seamless Cross-Chain Trading
TeleportDAO, the pioneering trustless bridge between Bitcoin and EVMs, announced its integration with Portal DEX today, marking a significant leap forward in seamless cross-chain trading and asset accessibility. This strategic collaboration will empower users with enriched opportunities for trading native BTC, BRC20s, ERC20s, and other EVM assets in a trustless manner, leveraging the power of atomic swaps.
“We are excited to announce our partnership with Portal! By combining forces, users will be able to experience DeFi on Bitcoin like never before. This partnership aligns completely with the mission we are trying to achieve at TeleportDAO,” said Ali Saheli, Co-Founder of TeleportDAO.
Through this integration, the ERC20 tokens will be enabled for users to trade in one-click against native BTC and BTC-based assets. Leveraging the world’s first implementation of atomic swaps at the Bitcoin Layer 2, Portal ensures trustless transactions and enhanced liquidity for users within the Portal DEX ecosystem.
"Integrating with TeleportDAO represents a significant milestone in our mission to create a more interconnected and accessible DeFi ecosystem on Bitcoin. Together, we are unlocking new avenues for users to seamlessly trade and manage their assets across the major L1 & L2 blockchain networks," said Dr. Chandra Duggirala, CEO & Co-Founder of Portal.
TeleportDAO’s innovative solutions, including the TeleportDAO Bridge, Teleswap liquidity protocol, and TeleOrdinals marketplace, will also integrate the Portal Swaps SDK. Users will gain access to Ordinals without the need for bridges or custodians, streamlining the process of acquiring these assets and doing so in the safest way possible.
About TeleportDAO
TeleportDAO is a trustless bridge between Bitcoin and EVMs, enabling the development of cross-chain dApps for Bitcoin. With TeleSwap, a liquidity protocol catering to BTC and BRC-20s, and TeleOrdinal, a cross-chain marketplace for Ordinals, TeleportDAO continues to spearhead innovation in bridging the gap between Bitcoin and Ethereum-based assets. For more information, visit https://teleportdao.xyz/, X (Twitter), Discord, Medium and Telegram
About Portal
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
