Merlin Chain has announced a strategic partnership with UXUY, a next-generation multichain infrastructure backed by Binance Labs. This engagement will help broaden the DeFi ecosystem by integrating Merlin Chain into UXUY’s decentralized multichain wallet within Telegram.

Strategic Partnership Announcement! We’re thrilled to announce that Merlin Chain is partnering with @uxuycom to drive the future of decentralized finance! UXUY, incubated and invested in by @BinanceLabs, is a next-gen multichain infrastructure creating the first… pic.twitter.com/0oBCoRDVZS

— Merlin Chain (@MerlinLayer2) September 30, 2024

DeFi users will have improved accessibility and scalability, especially in the Bitcoin Layer 2 ecosystem. Merlon Chain shared this strategic news through its official X account, committing to revolutionize the decentralized finance (DeFi) space.  

UXUY to Enable Seamless DeFi Connectivity on Telegram

UXUY, a decentralized multi-chain wallet and DApp centre within Telegram is bringing its technology to 900 million users worldwide. The UXUY wallet, comparable to MetaMask, provides permissionless access to various blockchain ecosystems, with Merlin Chain joining this expansive network. Users can connect seamlessly to Merlin Chain, enhancing the speed and ease of cross-chain swaps.

PancakeSwap Prediction Game Integration Adds Functionality

Additionally, PancakeSwap Prediction, a market trend prediction game, is now integrated into UXUY’s wallet on Telegram. This integration allows users to predict market movements and earn rewards directly through the app. The BNB Chain, one of the most active ecosystems globally, is fully integrated into UXUY’s Telegram wallet. This further enhances the ease of use for participants in decentralized finance activities.

Merlin Chain and UXUY’s cooperation will likely enhance the use of Bitcoin Layer 2 innovation. Through a partnership, both platforms will offer efficient, enhanced solutions as users search for secure, standardized means of making cross-chain swaps. As DeFi continues to evolve, this partnership will act as one of the significant steps to enable a better supply of such services and secure financial transactions through multiple blockchain networks.