Portal to Bitcoin and Mezo are excited to announce a strategic partnership designed to strengthen the decentralized finance (DeFi) landscape through innovative cross-chain technology. This collaboration marks a significant step forward in enhancing Bitcoin’s usability within the broader DeFi ecosystem.
Empowering Seamless Cross-Chain Connectivity
The partnership focuses on integrating Portal’s cross-chain infrastructure into the Mezo ecosystem. Portal’s AMM DEX leverages atomic swap technology to enable seamless, trustless cross-chain interactions, providing users with secure, efficient, and cost-effective solutions for engaging with Bitcoin and other blockchain assets. Portal’s proprietary technical innovation allows for fully custodyless asset pools, which facilitate native to native swaps while users never relinquish custody of their assets.
The Integration
The initial partnership will focus on integrating Mezo assets into the Portal DEX. This means fast, secure swapping with Bitcoin and other assets, without any of the risk of bridges, vaults, or wrapped assets.
Core Benefits of This Integration
Cross-Chain Accessibility: Mezo users will be able to perform transactions across multiple blockchains via the Portal DEX, broadening Mezo’s reach and use cases.
Trustless Transactions: Built on Portal’s Bitscaler infrastructure, this integration ensures fully decentralized execution while maintaining robust security measures, eliminating the need for intermediaries like bridge contracts or validator multisigs.
Improved Efficiency: Leveraging Portal’s advanced Layer 3 trading capabilities, which scales the Lightning Network to allow for multiple channels and AMM style order execution, the integration increases speed and reduces costs while maintaining Bitcoin L1 security.
A Shared Vision for the Future of Decentralized Finance
This partnership exemplifies a shared commitment to expanding Bitcoin’s role in DeFi. Portal’s expertise in trust-minimized cross-chain infrastructure and Mezo’s dedication to building Bitcoin-centric financial products creates a powerful synergy aimed at empowering users and unlocking new opportunities in decentralized finance.
About Mezo
Mezo bridges Bitcoin with DeFi, traditional finance, and real-world applications. Built with a Bitcoin-first philosophy, it offers secure, decentralized financial solutions that enable users to maintain full ownership of their Bitcoin while accessing innovative market structures.
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, focusing on providing deep Bitcoin liquidity and enhancing trading efficiency.