Portal partners with Bitlayer, Sovryn, and Tari to launch incentive testnet

The escrow-free Bitcoin interoperability protocol, Portal, has announced a strategic partnership with Bitlayer, Sovryn, and Tari, and the upcoming launch of the incentive testnet. Porta provides users with a revolutionary, fully decentralized way to access Bitcoin liquidity by innovatively combining Lightning Network and atomic swap technology. The platform does not rely on centralized intermediaries or custodians, ensuring users complete control over assets.
It is reported that Bitlayer, as a Bitcoin sidechain/L2 solution, will provide Portal with faster transaction speeds and enhanced privacy features. Sovryn has integrated its Bitcoin-backed stablecoin DLLR into PortalDEX to enable one-click transactions with native BTC without bridging, packaging or escrow. The addition of Tari will expand the tokenization and trading possibilities of digital assets, enabling users to seamlessly trade various digital assets, using Bitcoin as the settlement layer.