TechFlow reported that Portal, a Bitcoin interoperability protocol that does not require custody, has announced important strategic cooperation with Bitlayer, Sovryn and Tari, and is about to launch an incentive testnet. Porta provides users with a revolutionary and fully decentralized way to obtain Bitcoin liquidity by innovatively combining the Lightning Network and atomic swap technology. The platform does not rely on centralized intermediaries or custodians, ensuring that users have full control over their assets.
It is reported that Bitlayer, as a Bitcoin sidechain/L2 solution, will provide Portal with faster transaction speeds and enhanced privacy features.
Sovryn integrated its Bitcoin-backed stablecoin DLLR into Portal DEX, enabling one-click trading with native BTC without the need for bridges, wrappers, or custodians.
The addition of Tari will expand the tokenization and trading possibilities of digital assets, enabling users to seamlessly trade various digital assets with Bitcoin as the settlement layer.
