Banxa and LI.FI Unite for Simplified Cross-Chain Asset Accessibility

Banxa, a compliant fiat-to-crypto payment infrastructure firm, has integrated LI.FI's cross-chain bridging and liquidity infrastructure. This integration aims to simplify access to digital assets across over 60 blockchains via a single transfer.

The partnership enables users to shift from fiat to on-chain assets without manual swapping or bridging of assets. LI.FI's liquidity infrastructure is used to remove technical complexities of cross-chain transfers.

Banxa's ecosystem, which includes up to 400 collaborators, will leverage the liquidity routing mechanism of LI.FI. This allows consumers to buy over 300 crypto assets and other on-chain assets with the platform automatically determining the most effective route in the background.