THORWallet Launches True Cross-Chain Swaps with Sui Blockchain
Summary
THORWallet has launched true cross-chain swaps integrating the Sui blockchain, allowing users to directly swap the native SUI token with assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), along with most EVM ERC-20 tokens, all within the mobile DeFi wallet.
This integration expands THORWallet's multi-chain capabilities, which previously pioneered XRP cross-chain swaps, and aims to increase liquidity for the growing Sui ecosystem. Marcel Harmann, CEO of THORWallet, emphasized that this bridgeless, instant swap functionality maintains self-custody and sets a new standard for non-custodial finance by connecting users directly to Sui's high-performance network known for parallel execution and instant finality.
The feature is live on both iOS and Android, simplifying the process for users to enter the Sui ecosystem without relying on centralized exchanges or complex bridging protocols. For Sui, this collaboration enhances accessibility to external capital, supporting its surging DeFi TVL and advancing Bitcoin DeFi (BTCfi) adoption on its network.
(Source:BeInCrypto)