Portal to Bitcoin & Mystiko: A New Era of Privacy and Cross-Chain Scalability in DeFi
Portal to Bitcoin and Mystiko Network are excited to announce a strategic partnership that will drive the next generation of decentralized finance (DeFi) by combining Mystiko’s industry-leading Zero-Knowledge (ZK) technology with Portal’s cross-chain decentralized exchange (DEX) infrastructure. Together, this collaboration aims to deliver advanced privacy-first, scalable DeFi solutions, enhancing user privacy, interoperability, and scalability across multiple blockchain ecosystems.
Key Integration Points
1. Integration of Mystiko Native Token into Portal DEX
Mystiko’s native XZK token will be integrated into Portal DEX, allowing users to trade and stake XZK within a trust-minimized, decentralized environment. This integration will provide seamless trading of Mystiko’s token while leveraging the security and scalability of Portal’s Bitcoin-based infrastructure, ensuring that users can benefit from Mystiko’s privacy-enhancing ZK technology.
2. Integration of Portal Swaps SDK into Mystiko’s Wizard DEX
Mystiko’s Wizard DEX will integrate Portal’s Swaps SDK, facilitating decentralized cross-chain swaps with Bitcoin and other assets. This integration will enable users to perform secure atomic swaps directly within the Mystiko ecosystem, without the need for intermediaries or bridges, preserving privacy and ensuring fully trustless transactions.
3. Integration of Portal Swaps SDK into Mystiko’s Camo Wallet
Mystiko’s Camo Wallet, known for its privacy-first design, will incorporate Portal’s Swaps SDK, allowing users to conduct cross-chain swaps seamlessly from within the wallet interface. Users will be able to trade across multiple blockchains, including Bitcoin, while benefiting from Mystiko’s ZK technology, ensuring privacy and security in every transaction.
4. Mystiko to Support Liquidity Pools on Portal DEX
Mystiko will provide liquidity pools for its XZK token on Portal DEX, enabling users to stake their XZK tokens and contribute to decentralized liquidity pools. This deepens engagement within the Portal ecosystem, boosting liquidity and providing greater utility for Mystiko’s native token.
Why This Partnership is Important for Cross-Chain DeFi
The integration between Portal and Mystiko addresses several critical challenges in DeFi, including privacy, scalability, and security. Both platforms are committed to providing a seamless and advanced DeFi experience.
- Cross-Chain Interoperability: Through the combination of Mystiko’s ZK protocol and Portal’s Swaps SDK, users will be able to execute atomic swaps across different blockchains, including Bitcoin. By eliminating the need for centralized exchanges or custodians, this partnership enhances the decentralized and secure trading experience.
- Enhanced Privacy: Enhanced Privacy: Mystiko’s ZK technology ensures that user data remains private, addressing a key concern in today’s decentralized finance landscape. With Portal’s secure infrastructure, users can conduct transactions across Layer 1 and Layer 2 blockchains without compromising privacy.
- Scalability and Efficiency: Portal’s Swaps SDK, integrated into Mystiko’s Wizard DEX and Camo Wallet, enables a seamless cross-chain trading experience. By leveraging Mystiko’s ZK privacy features and Portal’s layer-2 scalability, this partnership effectively addresses major DeFi challenges like high transaction costs and slow settlement times.
Strong Investor Backing and Industry Confidence
Mystiko Network recently secured $18 million in seed funding, led by Peak XV Partners (formerly known as Sequoia Capital India/SEA). The funding round attracted a high-profile group of investors, including Samsung Next, Hashkey Capital, Mirana Ventures, and Signum Capital, alongside prominent individual investors such as Naval Ravikant (founder of AngelList), Sandeep Nailwal (co-founder of Polygon), and Gokul Rajaram (a key figure at DoorDash). Investment firms like Tribe Capital and Morningstar Ventures also participated, highlighting the strong industry confidence in Mystiko’s vision and technology.
The funding supports Mystiko’s mission of enhancing Web3 infrastructure through its universal Zero-Knowledge SDK, which offers scalability, privacy, and AI integration for blockchain applications. With this financial backing, Mystiko aims to accelerate development, driving further innovation in privacy-centric blockchain solutions. Mystiko has already shown significant traction, with its V1 protocol handling over $134 million in transactions and building a growing community of over 54,000 active users.
What’s Next?
With the integration of Mystiko and Portal technologies, users will gain access to a comprehensive privacy-focused DeFi solution that supports cross-chain trading, staking, and liquidity provision. Both platforms remain committed to further development and innovation, continuing to push the boundaries of decentralization, privacy, and scalability in the blockchain space.
For more information, visit Mystiko Network and Portal to Bitcoin, and follow both teams on Twitter for the latest updates.
About Mystiko Network
Mystiko is the privacy-centric base layer of Web3, designed to enhance scalability, interoperability, and security across all Layer 1 and Layer 2 blockchains. With its universal Zero-Knowledge (ZK) SDK, Mystiko allows developers to build decentralized applications that protect users’ on-chain identities while ensuring secure, cross-chain interactions. Supported by high-profile investors like Peak XV Partners, Samsung Next, Naval Ravikant, and Sandeep Nailwal, Mystiko has facilitated over $134 million in transaction volume and onboarded 54,000+ active users across six blockchains.
For more information, visit Mystiko Network and follow them on Twitter, Medium, and Discord.
About Portal to Bitcoin
Portal to Bitcoin, formerly known as Portal DeFi, is a trust-minimized protocol designed for fast, secure atomic swaps between Bitcoin and other blockchain assets. Powered by BitScaler, Portal enables non-custodial trading across multiple blockchains without relying on intermediaries. With backing from Coinbase Ventures, OKX Ventures, and Arrington Capital, Portal ensures user funds are always secure without the need for bridging or wrapping.
For more information, visit Portal to Bitcoin and follow us on Twitter, Discord, Medium, and Telegram.
