Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)
Disclaimer: This is a paid press release provided by the client! Readers should do their own research before taking any actions related to the company. Learn More
The team at Unizen, operating the Web3 ecosystem found at zcx.com, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
Martin Granström, CTO of Unizen, said:
THORChain has devised an exceptionally refined solution that has proven resilient against the trials of time and fluctuations in market conditions, facilitating decentralized liquidity for assets on non-programmable chains. This made THORChain the obvious selection for empowering trades on the Unizen Trade platform involving Bitcoin, Litecoin, Dogecoin, and additional cryptocurrencies.
Gavin McDermott, CEO of Nine Realms, said:
Unizen is an excellent venue to offer cross-chain swaps powered by THORChain. The industry has been slowly moving from centralized swap services to DeFi protocols. The goal is to bring the centralized exchange trading experience to users while maintaining the security of self custody. Unizen already offers a best-in-class experience as a DEX aggregator and we are excited to help them expand their cross-chain routes with native Bitcoin and more.
About Unizen
Unizen is a cutting-edge operating system for Web3 applications that enables users to seamlessly, cost-efficiently, and securely interact with all things Web3. 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 solves the complexities, accessibility, costs and interoperability issues plaguing the DeFi space.
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About THORChain
THORChain is a cross-chain liquidity protocol that facilitates the exchange of native 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 permissionless to become a validator, add liquidity, or make a swap. Dozens of wallets, exchanges, and DEX aggregators make use of THORChain’s liquidity to offer in-kind yield and cross-chain swaps to their users.
Contact
Sean David Noga
sean@unizen.io
Press release: This is a paid press release provided by the client! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release. Learn More
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