Dubai, United Arab Emirates, April 25th, 2023, Chainwire
Unizen, the team behind the web3 ecosystem found at zcx.com, has announced a strategic partnership with THORChain. This new integration enables users to swap between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
“THORChain has a well-crafted solution that can manage unexpected market changes, providing decentralized liquidity for assets on non-programmable chains.”, says Martin Granström, CTO of Unizen. “This makes THORChain the ideal partner to power trades on Unizen Trade platform, which includes Bitcoin, Litecoin, Dogecoin, and other cryptocurrencies.”
“Unizen is an excellent platform to offer cross-chain swaps thanks to THORChain. The industry has been increasingly transitioning from centralized swap services to DeFi protocols. Our mission is to bring the centralized exchange experience to users, while keeping the security of self custody”, says Gavin McDermott, CEO of Nine Realms. “Unizen already has a top-notch DEX aggregator and we are thrilled to help them expand their cross-chain routes with native Bitcoin and more.”
Unizen is a modern operating system for Web3 applications that allows users to easily, efficiently, and securely interact with all Web3 elements. It is designed to provide a non-custodial, unified user experience for interacting with various Web3 applications and assets, regardless of the underlying blockchain technology. Unizen uniquely addresses the complexities, accessibility, costs and interoperability concerns of the DeFi space.
THORChain is a cross-chain liquidity protocol that enables the exchange of digital assets on multiple blockchains, including Bitcoin, Ethereum, BNB Chain, Avalanche, Bitcoin Cash, Litecoin, Dogecoin, and Cosmos Hub. THORChain does not use wrapped assets or external dependencies like oracles. It is open to anyone to become a validator, add liquidity, or make a swap. Several wallets, exchanges, and DEX aggregators use THORChain’s liquidity to offer in-kind yield and cross-chain swaps to their users.
Sean David Noga, [email protected]