Enhanced Bitcoin functionality in DeFi: PORTAL and Bitfinity have collaboratively introduced mechanisms to bridge Bitcoin with decentralized finance. This integration allows users to engage in services such as borrowing and lending, significantly enhancing Bitcoin’s usability in the financial sector.
Strong industry support boosts credibility: The partnership has backing from MAJOR players like Coinbase, Polychain Capital, and OKX. This financial support bolsters their mission to improve blockchain interoperability, allowing developers and users to maximize Bitcoin’s liquidity within DeFi.