How Portal-to-Bitcoin is unlocking Bitcoin’s potential in cross-chain DeFi

Unlike many cross-chain bridges, Portal-to-Bitcoin uses a combination of threshold signatures and atomic swaps.

Bitcoin’s success as a digital store of value is undeniable. Still, its utility beyond storage and transfer is a common point of criticism. 

The Bitcoin (BTC) ecosystem relies on custodial, exogenous infrastructure to trade, lend against or issue derivatives of BTC. This is compounded by the fact that cross-chain bridges for the asset may be limited or have high custody risk.

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