what's ChainPort?

ChainPort is a custodian cross-chain bridge protocol emphasizing hard security for transferring tokens across over 25 blockchain ecosystems, including Ethereum, Avalanche, Polygon, BNB Chain, Fantom, and Syscoin. It operates with 95% of total value locked (TVL) in cold storage via institutional custodians like Gnosis Safe and Fireblocks, while maintaining a minimal hot wallet exposure. Verified tokens ensure post-bridge liquidity on destination chains, and native token support enables seamless interoperability without wrapped assets. The platform facilitates instant bridging for new Layer 2 rollups via integrations like AltLayer, supporting DAO governance and ecosystem incentives through its PORTX token. ChainPort's architecture prioritizes exploit resistance and full interoperability, distinguishing it from trustless bridges by combining audited smart contracts with offline asset management.

chain_port integrated with AltLayer's rollup ecosystem for cross-chain and token bridging services.