Infinex launches support for NEAR Intents, unlocking access for major assets like Bitcoin, Dogecoin and XRP

This week, Infinex announced the successful integration of NEAR Intents, enabling seamless access to cryptocurrency assets like Bitcoin and Dogecoin through the NEAR Blockchain. The integration allows users to swap and bridge these traditionally isolated assets across multiple blockchain networks with unprecedented ease.

Integrating legacy assets like XRP and DOGE into DeFi has long been challenging due to the lack of smart contract support, interoperability issues, and ongoing regulatory and centralization concerns. Infinex’s integration with NEAR significantly improves the user experience for legacy asset owners by eliminating the friction of managing multiple chains thanks to NEAR's unified liquidity and intents layer, and Infinex’s effortless onchain interface.

Infinex Founder Kain Warwick said, “Crypto is still deeply fragmented. By enabling NEAR Intents, we’re moving closer to a unified blockchain experience that enables access to DeFi while retaining full self-custody. Chain abstraction is critical to making this possible.”

NEAR’s intent based architecture enables Infinex users to effortlessly ‘Swidge’ (swap and bridge) assets like BTC, XRP, and DOGE in just a few clicks, unlocking smoother access to assets that have historically been difficult to use in DeFi. NEAR Intents currently supports 15 chains, including an increasing number of EVM and non-EVM chains, enabling seamless Infinex ‘swidging’ of assets on these and more networks in the coming days.

Swidge is Infinex’s bedrock feature that enables seamless cross-chain swaps of more than 100,000 assets across 13 chains, including EVM, Solana, and legacy blockchains.

Currently, any supported legacy assets can also be withdrawn directly to native BTC, XRP, or DOGE wallets. Soon, Infinex will introduce native deposits, a feature underpinned by Turnkey, a leading provider of secure, flexible wallet infrastructure. Infinex's legacy asset support development is designed to be non-custodial, critical to Bitcoin holders who prioritize security and decentralization. The integration leverages NEAR Chain Signatures, an MPC protocol that allows users to sign transactions on third-party blockchains from a single account, permissionlessly. This allows users to seamlessly interact with assets on any chain without the need for bridging or wrapping, while preserving custody. It also includes a "Multichain Gas Relayer," which removes the need to have the native gas token of another chain to transact. Illia Polosukhin, Co-Founder of NEAR Protocol, said, “I am excited to see Infinex tackle the important work of onboarding users into self-custody with a strong focus on user experience. NEAR has been pushing this vision of chain abstraction and ease of use since the start in 2018, so it’s great to partner with a prolific builder like Kain and the team at Infinex to make this vision a reality for the next generation of users”.

Key Highlights:

• NEAR Intents Integration: Enables Infinex users to easily interact with non-smart contract chains like Bitcoin.
• Legacy Asset Support: Integrating legacy assets BTC, XRP, and DOGE into Infinex.
• Swidge: Swap and bridge functionality for more than 100,000 assets, across 13 chains including EVM, Solana, and legacy blockchains.
• Enhanced UX: No gas fees, no bridging, no seed phrases.

For more information, visit infinex.xyz.

About Infinex

Infinex is a new kind of crypto app that provides access to onchain protocols, services, and applications. It is non-custodial, using a novel security architecture centred around onchain smart accounts and passkeys. Infinex currently supports Solana and more than thirteen networks, including EVM, Solana, and legacy blockchains.

Last year, Infinex completed a $67.70m Patron NFT sale, with 43,284 NFTs sold to venture capitalists, angel investors, and the community. Peter Thiel’s Founders Fund was among the participants, alongside angel investors including Ethereum co-founder Vitalik Buterin, Solana co-founder Anatoly Yakovenko, and Aave founder Stani Kulechov. Infinex currently has over $563M in total value locked (TVL). To learn more, please visit https://infinex.xyz and Infinex on X.

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