Portal to Bitcoin will enable atomic swap technology on Hemi.

TL;DR: Hemi Network is collaborating with Portal to Bitcoin to enhance cross-chain DeFi services. Portal will integrate its atomic swap technology into Hemi’s infrastructure, enabling non-custodial, trustless asset swaps between Bitcoin and Ethereum-based networks.

Hemi Network is collaborating with Portal to Bitcoin to create a more secure and scalable cross-chain DeFi ecosystem. Portal is known for its fully decentralized, non-custodial platform, which facilitates atomic swaps between multiple blockchains without intermediaries or bridges. Together, Hemi and Portal will enable seamless Bitcoin and Ethereum interoperability, offering new possibilities for decentralized financial services.

Portal and Hemi: Strengthening Cross-Chain Functionality

At the heart of this collaboration is the integration of Portal’s atomic swap technology with Hemi’s modular architecture. Portal’s approach allows users to exchange assets across different blockchains without relying on intermediaries, ensuring greater security and user control. By integrating Portal’s Swaps SDK into Hemi’s infrastructure, wallets and decentralized exchanges (DEXs) built on Hemi will have access to bridgeless cross-chain swaps, allowing for secure asset movement between Bitcoin and Ethereum-based networks.

Key Integration Points

1. Hemi Token on Portal’s DEX — Once Hemi’s native token launches, it will be integrated into Portal’s DEX. This will allow users to trade Hemi tokens securely using Portal’s atomic swap technology without the need for a custodian. By supporting Hemi tokens, Portal expands the variety of assets available on its platform while providing a trustless trading environment for Hemi users.
2. Portal Swaps SDK in Hemi’s Infrastructure — The integration of Portal’s Swaps SDK into Hemi’s ecosystem will enable secure, non-custodial cross-chain transactions. Hemi’s current Bitcoin-to-Ethereum tunnel will be further enhanced by Portal’s technology, bypassing the need for traditional bridges and creating a more secure, decentralized user experience.

Expanding Cross-Chain DeFi Capabilities

This partnership strengthens both platforms’ commitment to improving cross-chain DeFi services. Portal’s atomic swaps and Hemi’s modular blockchain design will allow developers to build decentralized applications (dApps) that offer secure, trustless trading, lending, and borrowing services across multiple blockchains. Users can leverage these tools to engage in decentralized finance with enhanced flexibility and security.

A Future of Innovation and Growth

As the DeFi space continues to evolve, this partnership lays the groundwork for a more interconnected, scalable ecosystem that allows for secure, trustless asset transfers between Bitcoin, Ethereum, and other blockchains. By combining their unique technologies, Hemi and Portal are setting the stage for the future of DeFi.