Portal and Ankr Announce Strategic Partnership to Drive DeFi Adoption

San Francisco, United States, November 2, 2021,

Portal, a true cross-chain DEX that makes atomic exchanges between Bitcoin and other digital assets fast, secure and private, is pleased to announce a strategic partnership with blockchain infrastructure platform Ankr.

Both Portal and Ankr believe in connecting users, developers, and businesses to self-sustaining, censorship-resistant commerce and communication. As they both paved the way for an open financial internet of the future, it was only a matter of time before they came together.

Ankr CEO Chandler Song (and Bounce Token co-founder) has personally invested in Portal. Teammates joining him are COO Ryan Fang and former head of Crypto Investment Banking at Goldman Sachs, Gaurav Budhrani. investment and partnership follow the recently announced $ 8.5 million increase by Coinbase Ventures Portal, ArringtonXRP Capital, OKEx, others.

Ankr plans to operate a facilitation node to provide ongoing liquidity for atomic exchanges between ANKR and other assets on the DEX portal. Portal plans to make the ANKR token available on Portal.

Portal’s Layer 2 and Layer 3 technology makes it easy to create one-click censorship, media and execution-resistant communications between chains on the Bitcoin blockchain. portal facilitates the private and off-chain execution of “smart contracts” for the issuance of assets, exchanges, bets, cash, derivatives and more, all peer-to-peer, without custody or control by third parties.

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CEO Song said: “ portal offers a highly differentiated and highly anticipated DeFi capability on the Bitcoin blockchain. Ankr is very excited to partner with the portal team to further our joint mission of promoting Web 3.0 technology applications. «

Ankr’s platform combines node, staking and DeFi infrastructure to facilitate the development of new projects and the monetization of crypto assets for participants. Provides one-click API solutions for developers to build Web3 products on more than a dozen Layer 2 protocols and blockchains.

Portal information

DeFi Portal is based on Bitcoin. Makes trading unstoppable with anonymous and knowledgeless trading via the first true cross-chain DEX that minimizes trust. Eliminate minted wrapped coins (eg wBTC, wETH) or risky bets with intermediaries. With Portal, DeFi becomes a service that anyone can provide, while maintaining anonymity within open and transparent markets with a robust security caral such as Bitcoin mining.

Portal’s Layer 2 and Layer 3 technology allows you to create censorship-resistant cross-chain communications, media and exchanges with a single click, all in Bitcoin.

For more information please visit : https://portaldefi.com/

About Ankr

Ankr provides Web3 infrastructure for easy, accessible and cost-effective implementation of blockchain nodes, APIs, decentralized staking infrastructure, and Layer 2 scaling solutions, designed to lower the barrier to entry for ordinary people, businesses and developers to contribute. to blockchain ecosystems.

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Ankr offers node solutions for over 40 different chains and a “1-click” API service for Ethereum, Binance Smart Chain, Polygon, Avalanche and more.

For more information please visit : https://www.ankr.com/

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