Rift
Trustless cross-chain swap protocol between Bitcoin and Ethereum
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About Rift
Over the past six months (2026-03-07 to 2026-09-07), Rift has made significant progress. The protocol secured an $8 million investment from Paradigm, announced on 2025-11-08, to advance native Bitcoin trading on Ethereum and other platforms. This funding accelerates the mainnet launch, strengthens TEE integration, and expands multi-chain support, including Arbitrum and Base. Rift aims to enable peer-to-peer, trustless Bitcoin swaps without wrapped assets or bridges, leveraging Uniswap liquidity and TEEs for atomic execution. Future focus includes developer grants and liquidity incentives to drive adoption, targeting a share of Bitcoin's $1 trillion market for on-chain applications. The roadmap emphasizes scaling cross-chain liquidity, potentially exceeding $100 billion by 2026, and positioning Rift as a key bridge between Bitcoin and Ethereum ecosystems.
Based on available references, Rift's co-founders and core executives include:
- basedcrypto (CEO, Twitter: https://x.com/profiit)
- alpinevm (Co-founder, Twitter: https://x.com/alpinevm)
No other executives or detailed bios were found in the provided sources.