SideSwap, a Liquid Network wallet and asset swapping service provider, is now compatible with Blockstream’s Asset Management Platform (AMP).
AMP is Blockstream’s Asset Management Platform that allows for the issuance and management of digital assets on the Liquid Network. With AMP’s API, users are able to issue choose between different asset characteristics depending on their requirements.
AMP can be used to issue:
AMP has been used to issue tokenized securities such as the Blockstream Mining Note (BMN) which is a Transfer-Restricted Asset. El Salvador’s Bitcoin Bond will also be issued as a tokenized security on the platform. The BMN was sold on digital investment marketplace Stokr and can be traded in the secondary market peer-to-peer between individuals who have an whitelisted AMP ID while El Salvador’s Bitcoin Bond will be sold and traded on Bitfinex.
SideSwap is a payment infrastructure services provider for the Liquid Network that allows users to hold their own keys to, as well as swap or trade, Liquid Network assets. While utilizing the sidechain, bitcoin is settled on the base layer in order to create and burn L-BTC on the Liquid Network. Using the Liquid Network sidechain gives users better privacy and provides fast and final settlement with low transaction fees.
With the integration of AMP and SideSwap, users will be able to buy and sell any asset issued on AMP using any other Liquid Network asset including EURx, L-USDt, and L-BTC.
BMN holders can also now access SideSwap’s swap markets by importing their Blockstream Green wallet seed.