In a significant development within the cryptocurrency landscape, Infinex, a decentralized perpetual contract trading platform, has announced a strategic partnership with the Near Foundation. As reported on November 11th by The Block, this collaboration aims to incorporate Near’s Chain Signature protocol into Infinex’s platform, enhancing its functionality. Chain Signature allows users to facilitate transactions on third-party blockchains directly from their Near accounts, streamlining the trading experience.
This integration is set to empower traders with enhanced capabilities to interact seamlessly with non-smart contract chains, including prominent cryptocurrencies like Litecoin and Bitcoin. Moreover, the Chain Signature protocol also extends its support to other established networks, such as Cosmos, Dogecoin, and the XRP Ledger. The partnership signals a forward-looking approach to expand the ecosystem’s versatility and inclusivity.