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LI.FI Integrates ThorChain for Native Bitcoin Swaps with EVM Chains
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LI.FI Integrates ThorChain for Native Bitcoin Swaps with EVM Chains

Key Points

  • LI.FI integrates ThorChain to natively support Bitcoin swaps with EVM chain assets.
  • The integration simplifies Bitcoin’s accessibility and is available through LI.FI’s API.

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LI.FI, a cross-chain liquidity solutions provider, has integrated ThorChain to support native Bitcoin (BTC) swaps. This integration, powered by SwapKit, allows users to natively trade Bitcoin with assets on EVM chains, directly within their wallets and applications.

The move simplifies Bitcoin’s accessibility for users who primarily hold assets on EVM chains. LI.FI’s integration with ThorChain removes the friction from purchasing BTC, allowing users to natively purchase BTC directly within their favorite wallets and applications.

This development also brings ThorChain support to EVM chains, adding to LI.FI’s extensive list of supported bridges. The integration provides wallets, DeFi platforms, and enterprise applications the opportunity to enhance their offerings by providing users with a secure and easy way to buy BTC or swap between BTC and other assets on EVM chains.

LI.FI is actively working on expanding support for Bitcoin Layer 2 solutions, with the goal of providing applications with greater flexibility in tapping into the potential of the Bitcoin network. The company plans to share insights from its exploration of the Bitcoin ecosystem through upcoming research articles.

The integration is accessible through the LI.FI API, making it easier to integrate Bitcoin into different platforms and applications.

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