LI.FI integrates ThorChain for native Bitcoin exchanges with EVM chains

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LI.FI, a cross-chain liquidity solution provider, has integrated ThorChain to support native Bitcoin (BTC) swaps. This integration, powered by SwapKit, allows users to exchange native Bitcoin for assets from EVM chains directly in their wallets and apps.

The move simplifies the accessibility of Bitcoin for users who primarily hold assets on EVM chains. LI.FI’s integration with ThorChain takes the friction out of buying BTC, allowing users to buy native BTC directly in their favorite wallets and apps.

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

LI.FI is actively working on expanding support for Bitcoin Layer 2 solutions, with the goal of giving applications greater flexibility in exploiting the potential of the Bitcoin network. The company plans to share insights from exploring the Bitcoin ecosystem through future research articles.

The integration is accessible through the LI.FI API, facilitating the easier incorporation of Bitcoin into various platforms and applications.

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