Portal to Bitcoin and League of Traders launch the first trustless cross-chain pilot.

CN
3 hours ago

The Bitcoin Custody Interoperability Protocol Portal to Bitcoin (referred to as "Portal") has announced a pilot program in collaboration with Korea's largest trading community, League of Traders. This partnership will kick off in the form of a trading competition on a centralized exchange platform (CEX), where League of Traders users can participate by trading PTB and win rewards.

Although the first phase does not directly integrate with Portal's atomic swap infrastructure, the collaboration aims to pave the way for future self-custody, low-trust Bitcoin cross-chain exchanges, allowing users to operate without relying on cross-chain bridges, wrapped assets, multi-signature intermediaries, or centralized trading platforms.

Dr. Chandra Duggirala, founder and CEO of Portal, stated: "Korean traders are among the most professional groups globally. By introducing self-custody, low-trust Bitcoin interoperability to League of Traders, we demonstrate that users do not have to compromise between speed, price, and autonomy. This pilot is a step towards the future—where native assets can flow freely across ecosystems without custodians, cross-chain bridges, or derivative wrapping."

John Li, co-founder of League of Traders, added: "Portal to Bitcoin is the first project to go live on our Trader Map, and we are confident in its vision and development path. With its active Korean community, we look forward to establishing a long-term and solid partnership to shape the future of trading together."

This pilot emphasizes end-to-end self-custody: no cross-chain bridges, wrapped assets, or third-party custody. Atomic swaps will cover Bitcoin, Ethereum, Solana, Ripple, and other L1 and L2 chains that will be supported in the future. Users can complete quoting, routing, and settlement in an interface similar to trading platforms while maintaining minimal trust. Performance will be provided by Portal's cross-chain automated market maker (AMM) and BitScaler, ensuring large-scale low fees and fast execution.

John Li also revealed: "Currently, Trader Map uses data from CEX APIs, but we have confirmed that DEX support is coming soon. This integration will merge CEX and DEX data into a single view, allowing project teams to better understand how users trade a particular token across different platforms. On-chain data is indeed important, but limited. Our approach starts from real execution data, which better reflects the actual trading behavior of most users."

The pilot is open to all traders and adopts a community-first promotion model. Members will receive detailed onboarding guides, while other interested traders can obtain the latest information through the official social media channels of Portal to Bitcoin and League of Traders.

Within League of Traders, the pilot will be presented through familiar exchange modules, including one-click quoting, configurable slippage, settlement previews, and post-trade receipts. These receipts will summarize execution conditions and provide verifiable proof. The team will also track key metrics such as completion rates, token holdings and durations, price improvements compared to reference markets, and user confidence scores to optimize routing logic and user experience.

For developers and market makers interested in Portal DEX integration, applications can be made to access integration documentation and SDKs to inject liquidity into the Portal routing layer, increase trading pairs, and jointly promote a self-custody, trustless cross-chain market at scale.

About Portal to Bitcoin

Portal is a custody-free infrastructure that supports atomic swaps between Bitcoin and multiple chains without the need for cross-chain bridges or wrapped assets. Its tech stack includes BitScaler, PortalOS, Portal Wallet, Swap SDK, and RAFA-AI. Portal has received support from Coinbase Ventures, OKX Ventures, Arrington Capital, among others, with funding reaching tens of millions of dollars (such as the $34 million disclosed in early 2024).

About League of Traders

Founded in 2022, League of Traders is a leading social trading platform that combines gamification, transparency, and community learning, providing a true social network home for crypto traders. Platform features include leaderboards, real-time portfolio sharing, and copy trading, allowing users to follow and replicate the strategies of top traders. League of Traders is available on Android, iOS, and web, with over 150,000 active users and a monthly trading volume exceeding $14 billion.

This article is contributed content and does not represent the views of BlockBeats.

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