(Press release – Dubai, UAE, April 25, 2023)
The Unizen team, which operates the Web3 ecosystem located at zcx.com, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated a THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
“THORChain has created an exceptionally repeatable solution that has proven resilient against the trials of time and fluctuations in market conditions, facilitating decentralized liquidity of assets on non-programmable chains.” says Martin Granström, Unizen’s chief technology officer. This made THORChain the clear choice for enabling trades on the Unizen Trade platform that includes Bitcoin, Litecoin, Dogecoin and additional cryptocurrencies.
“Unizen is an excellent place to offer cross-chain swaps powered by THORChain. The industry has been slowly moving from centralized exchange services to DeFi protocols. The goal is to offer users a centralized exchange trading experience while maintaining self-guarding security,” says Gavin McDermott, CEO of Nine Realms.
“Unizen already offers a best-in-class experience as a DEX aggregator and we are excited to help them expand their cross-chain paths with native Bitcoin and more.”
About Unizen
Unizen It is an advanced operating system for Web3 applications that enables users to seamlessly, cost-effectively, and securely interact with all things Web3. It is designed to provide a unified and unfettered user experience for interacting with various Web3 applications and assets, regardless of the underlying blockchain technology. Unizen uniquely solves the complexities, accessibility, costs, and interoperability issues plaguing the DeFi space.
About TORChain
Thorchen It is a cross-chain liquidity protocol that facilitates the exchange of native digital assets on several block chains including Bitcoin, Ethereum, BNB Chain, Avalanche, Bitcoin Cash, Litecoin, Dogecoin, and Cosmos Hub. TORChain does not use encapsulated assets or external dependencies like oracles. You may not become an auditor, add liquidity or make a swap. Dozens of wallets, exchanges and DEX pools are leveraging THORChain liquidity to offer in-kind returns and cross-chain swaps to their users.
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