Portal to Bitcoin has successfully raised $50 million in a funding round led by Paloma Investments, bringing its total funding to $92 million. The protocol aims to enhance native Bitcoin cross-chain transactions through its BitScaler adapter, enabling transactions without wrapped tokens or custodial bridges. Portal to Bitcoin plans to position Bitcoin as a settlement layer for millions of markets, including tokenized stocks, bonds, and stablecoins.
Portal to Bitcoin Secures $50 Million in Funding Led by Paloma Investments
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