"@PortaltoBitcoin" just completed a $50 million financing a few days ago, bringing the total financing to $92 million.



The funds will mainly be used to expand BitScaler, allowing Bitcoin to participate in cross-chain transactions natively, without relying on insecure messaging.

Portal's testnet has exceeded 14 million swaps, generating strong interest before the mainnet launch.

The advantages of Portal compared to the current bridging solutions:

★ Completely eliminate the risks of custodianship and bridges
★ Extremely low cross-chain transaction fees
★ Compatible with any L1, L2, or application layer
★ The user experience is similar to centralized exchanges, but it is completely non-custodial.
★ A complete Bitcoin-based DeFi stack can be expanded to include AMM, stablecoins, perpetual contracts, and more.

Let's take a look at the collaboration with @KaitoAI:

Portal allocates 0.5% of the tokens to the top contributors on the leaderboard.

I just started catching up now, there is still a chance, let's all go for it together!

$PTB #PortalToBitcoin # KaitoAI
BTC0.6%
PORTAL2.63%
L1-2.95%
DEFI2.01%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)