Ledger Live has announced a new partnership with THORChain, allowing users to make cross-chain swaps directly within the app.
Integration of Ledger and THORChain
Through the Ledger Live app, users can now exchange cryptocurrencies across different blockchains using the decentralized liquidity protocol THORChain. This marks Ledger's first integration of this kind for blockchain-to-blockchain swaps.
New Opportunities for Users
Ledger Live users can access the 'discover' page to opt into the new feature, enabling them to swap cryptocurrencies from their cold wallet, exchanging Bitcoin for Ether and other assets with ease.
Future Collaboration Prospects
THORChain recently hinted at potential integration with the Binance Web3 wallet. While details are not yet confirmed, THORChain founder John-Paul Thorbjornsen mentioned that this is just the beginning.
This collaboration elevates Ledger's functionality, offering users a broader range of asset management options directly from their devices.