Strategic Partnership Formed Between Unizen (ZCX) and THORChain (RUNE)
Unizen, the Web3 ecosystem operator, has formed a partnership with THORChain to integrate its settlement layer, enabling swaps between Ethereum (ETH) and Avalanche C-Chain (AVAX) to Bitcoin (BTC) and vice versa. The integration of THORChain enables investors on Unizen’s trading platform to deal with Bitcoin, Litecoin, Dogecoin, and other cryptocurrencies. THORChain is a liquidity protocol that supports the exchange of native digital assets on various blockchains, including Litecoin, Bitcoin, and Ethereum. It is also permission-less for becoming a validator and adding liquidity, making a swap. Additionally, other DEX aggregators, exchanges, and wallets also use THORChain to provide in-kind yield and exchange swaps to users. Nine Realm’s CEO Gavin McDermott stated that the partnership between Unizen and THORChain provided a seamless trading experience for users while maintaining the security of self-custody. Unizen plans to offer its operating system for Web3 applications to its customers as it provides a non-custodial, unified user experience for interacting with diverse Web3 applications and assets, irrespective of the underlying blockchain technology.