Blockchain.com has announced a major upgrade to its DeFi Wallet, introducing native Bitcoin (BTC) trading across multiple major blockchains without the need for wrapped BTC (wBTC). This new functionality is powered by the integration of the LI.FI Protocol, a well-known cross-chain swapping infrastructure, and marks a key milestone in improving decentralization and user privacy within the decentralized finance ecosystem.
The update enables BTC holders to exchange their tokens directly with popular cryptocurrencies such as Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and Avalanche (AVAX) on Blockchain.com’s platform. The cross-chain trading system has been designed to function without Know Your Customer (KYC) procedures, allowing users to maintain confidentiality while executing transactions. This aligns with the core principles of blockchain technology—namely, user autonomy, privacy, and decentralization.
By removing the need for wrapped tokens, the platform provides Bitcoin users with full custody of their assets throughout the swapping process. The direct native swaps offer both speed and simplicity, making decentralized finance more accessible to a wider audience. Blockchain.com emphasized that the update is aimed at overcoming key barriers that often discourage Bitcoin holders from entering DeFi ecosystems—primarily, the complexities of wrapping assets and dealing with centralized KYC requirements.
The company also introduced this feature with a focus on ease of use. All users of the Blockchain.com DeFi Wallet can now perform swaps without needing third-party services or intermediaries. During the initial rollout phase, the platform has waived transaction fees for these cross-chain swaps, offering an incentive for users to explore the newly launched capabilities at no extra cost.
Say goodbye to wrapped BTC and hello to native swaps! 🎉
The https://t.co/0DZyULavbV DeFi Wallet now supports direct Bitcoin trading with ETH, USDT, BNB, AVAX, and more in partnership with @lifiprotocol.
Keep control of your BTC with true self-custody and no KYC. Try without… pic.twitter.com/O4CsHg4OqQ
— Blockchain.com (@blockchain) April 24, 2025
The built-in swap tool within the wallet now allows users to convert BTC into tokens on Ethereum and Avalanche chains seamlessly. This streamlined experience reduces friction in multi-chain trading, ensuring that even less technically inclined users can engage with DeFi tools securely and efficiently.
The backbone of this upgrade is LI.FI Protocol technology, which facilitates interoperability across EVM-compatible chains as well as with Solana and Bitcoin. LI.FI’s infrastructure has been adopted by more than 250 companies—including well-known names like MetaMask, Phantom, and Robinhood Wallet—making it a robust choice for Blockchain.com’s cross-chain expansion. By integrating this technology, Blockchain.com reinforces the platform’s position as a leading player in decentralized finance innovation.
The collaboration between Blockchain.com and LI.FI has created a DeFi wallet experience that blends high utility with advanced privacy and security. It offers users the convenience of managing and swapping assets across multiple blockchains without compromising control or undergoing identity verification processes.
This development may signify a shift in DeFi norms, setting a new benchmark for how native crypto assets—especially Bitcoin—can interact directly with other blockchain ecosystems. As blockchain technology continues to evolve, solutions like this one pave the way for a more inclusive, decentralized, and user-centric financial landscape.