Revolutionary Integration: LFG Market Chooses Portal for Cross-Chain Trading of Ordinals and BRC-20 Tokens

PRESS RELEASE San Francisco, US, July 17th, 2023

Portal, a self-hosted wallet and true cross-chain Layer-2 DEX built on Bitcoin, has announced its integration with LFG Market, a marketplace for Ordinal NFTs and Bitcoin-based BRC-20 tokens. This integration will enable users to conduct cross-chain trading of Ordinals and BRC-20 tokens, making transactions between Bitcoin and other digital assets fast, secure, and private.

Key Points:

LFG Market has chosen to integrate the Portal DEX protocol to offer cross-chain trading of Ordinal NFTs and BRC-20 tokens.
LFG users will be able to purchase Ordinal NFTs and BRC-20 tokens using assets from other chains, such as Ethereum, without the need for bridges or custodians.
Portal’s “cross-chain Atomic Swaps” technology allows for seamless payments in any NFT marketplace, marking a significant milestone in the NFT ecosystem.
Ordinals have generated over $210 million in trading volume, indicating the growing interest in NFTs on Bitcoin.
Cross-chain solutions are crucial for the wider adoption of Ordinals and to bring non-Bitcoin NFT audiences to access Bitcoin Ordinals securely and with trust-minimization.

Hot Take:

The integration of the Portal DEX protocol with LFG Market is a significant step towards enabling cross-chain trading of Ordinals and BRC-20 tokens. This integration will not only enhance the trading experience for LFG users but also bring the much larger non-Bitcoin NFT audiences into the Bitcoin ecosystem. By offering a trust-minimized and seamless solution for cross-chain transactions, Portal is addressing the challenges associated with bridging and security threats, making it a preferred choice for DEX operators and users alike.