Hassan Maishera
On Wednesday, the Near Protocol announced via X that Infinex has added support for NEAR Intents, unlocking seamless DeFi access for $BTC, $DOGE, and $XRP. The Infinex integration leverages two key pieces of NEAR tech:
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Chain Signatures, a multi-party computation (MPC) protocol that allows users to sign transactions on third-party blockchains from a single account and
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NEAR Intents, a transaction framework that simplifies blockchain interactions for users, services, and AI agents.
The partnership between NEAR and Infinex brings BTC, DOGE, and XRP to Infinex's core Swidge (i.e., swap-and-bridge) feature, with more assets coming soon. Swidge enables seamless cross-chain swaps of more than 100,000 assets across 13 chains.
NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to provide dynamic scalability and stabilize fees. NEAR is trading at $2.526, down 4.1% in the last 24 hours.
