Portal reaches strategic cooperation with Bitlayer, Sovryn and Tari to launch incentive testnet

According to Cointelegraph, the non-custodial Bitcoin interoperability protocol Portal has announced important strategic partnerships with Bitlayer, Sovryn, and Tari, and is about to launch an incentive test network. By innovatively combining the Lightning Network and atomic swap technology, Portal provides users with a revolutionary, fully decentralized way to obtain Bitcoin liquidity. The platform does not rely on centralized intermediaries or custodians, ensuring users have complete control over their assets.Bitlayer, as a Bitcoin sidechain/L2 solution, will provide Portal with faster transaction speeds and enhanced privacy features.Sovryn will integrate its Bitcoin-backed stablecoin DLLR into the Portal DEX, enabling one-click trading with native BTC without the need for bridging, wrapping, or custodianship.Tari's addition will expand the tokenization and trading possibilities of digital assets, allowing users to seamlessly trade various types of digital assets with Bitcoin as the settlement layer.