We're thrilled to announce a big step forward in unlocking Bitcoin for everyone. LI.FI now supports native $BTC swaps via ThorChain, a leading cross-chain liquidity protocol. This integration, facilitated by SwapKit, unlocks seamless swaps between native Bitcoin ($BTC) and popular EVM chains, making Bitcoin more accessible than ever before.

Bitcoin for Everyone

Bitcoin, the OG crypto asset, has long been a cornerstone of our industry. But for many users, especially those primarily holding assets on popular EVM chains, purchasing $BTC has been a challenging process. LI.FI's integration with ThorChain eliminates this friction. Users can now buy native $BTC directly within their favorite wallets and applications with ease.

This integration also brings ThorChain support to EVM chains. LI.FI already boasts an extensive list of supported bridges on these chains, and ThorChain adds another option, further guaranteeing applications can consistently offer their users the best rates for swaps and cross-chain transfers.

This development presents a substantial opportunity for wallets, DeFi platforms, and enterprise applications to enhance their offerings by providing their users a secure and easy way to buy $BTC or swap between it and other assets on EVM chains.

The native $BTC swap functionality facilitated by ThorChain is now accessible for any application through the LI.FI API. 

Looking Ahead: Bitcoin L2 Support

Recognizing the rapidly growing Bitcoin L2 ecosystem, we are actively working on adding support for Bitcoin L2s. This will provide applications with even greater flexibility to tap into the ever-growing potential of the Bitcoin ecosystem.

We will also be sharing the insights gained from our exploration of the Bitcoin ecosystem. Stay tuned for research articles delving into the need for Bitcoin L2s and the findings from our due diligence of ThorChain.

Integrate LI.FI and unlock native Bitcoin support for your users. Together, let's make Bitcoin accessible to everyone.

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Disclaimer: This article is only meant for informational purposes. The projects mentioned in the article are our partners, but we encourage you to do your due diligence before using or buying tokens of any protocol mentioned. This is not financial advice.