Unizen (ZCX) enters strategic partnership with THORChain (RUNE)
Dubai, United Arab Emirates, April 25, 2023, Chainwire
Team at Unizenoperates the Web3 ecosystem found in zcx.comis proud to announce a strategic partnership with the team at THOR Chain. In particular, Unizen has integrated the THORChain settlement layer to enable the exchange between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
“THORChain has devised a highly refined solution that has proven to be resilient to the trials of time and fluctuations in market conditions, facilitating decentralized liquidity for assets on non-programmable chains,” said Martin Granström, CTO of Unizen. “This makes THORChain the obvious choice to empower trading on the Unizen Trade platform involving Bitcoin, Litecoin, Dogecoin and other cryptocurrencies.”
“Unizen is an excellent place to offer a cross-chain exchange powered by THORChain. The industry is slowly moving from centralized exchange services to DeFi protocols. The goal is to bring users a centralized exchange trading experience while maintaining secure self-custody”, said Gavin McDermott, CEO of Nine Realms. “Unizen already offers a best-in-class experience as a DEX aggregator and we are excited to help them expand their cross-chain route with native Bitcoin and more.”
Unizen is a state-of-the-art operating system for Web3 applications that enables users to interact seamlessly, cost-effectively and securely with all things Web3. It is designed to provide a unified, non-custodial user experience for interacting with various Web3 applications and assets, regardless of the underlying blockchain technology. Unizen uniquely solves the complexity, accessibility, cost, and interoperability issues plaguing the DeFi space.
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THORChain is a cross-chain liquidity protocol that facilitates the exchange of native digital assets across several blockchains including Bitcoin, Ethereum, BNB Chain, Avalanche, Bitcoin Cash, Litecoin, Dogecoin and Cosmos Hub. THORChain doesn’t use bundled assets or external dependencies like oracle. There is no permission to become a validator, increase liquidity, or make exchanges. Dozens of DEX wallets, exchanges, and aggregators leverage THORChain’s liquidity to offer in-kind results and cross-chain exchanges to their users.
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