PANews reported on December 4th that Portal to Bitcoin, a Bitcoin-native interoperability protocol, announced the completion of a $25 million funding round. The round was led by JTSA Global, with participation from Coinbase Ventures, OKX Ventures, Arrington Capital, and other institutions. Alongside this new funding, the company launched an atomic over-the-counter trading platform, promising "instant, trustless cross-chain settlement for large transactions." This protocol focuses on providing institutions and large investors with a Bitcoin-pegged cross-chain over-the-counter market. It utilizes Hash Time Locked Contracts (HTLCs) across multiple chains and Bitcoin Taproot contracts to enable the exchange of native Bitcoin with native assets on the integrated blockchain in a non-custodial manner, while emphasizing the reduction of trust assumptions in transactions.PANews reported on December 4th that Portal to Bitcoin, a Bitcoin-native interoperability protocol, announced the completion of a $25 million funding round. The round was led by JTSA Global, with participation from Coinbase Ventures, OKX Ventures, Arrington Capital, and other institutions. Alongside this new funding, the company launched an atomic over-the-counter trading platform, promising "instant, trustless cross-chain settlement for large transactions." This protocol focuses on providing institutions and large investors with a Bitcoin-pegged cross-chain over-the-counter market. It utilizes Hash Time Locked Contracts (HTLCs) across multiple chains and Bitcoin Taproot contracts to enable the exchange of native Bitcoin with native assets on the integrated blockchain in a non-custodial manner, while emphasizing the reduction of trust assumptions in transactions.
Portal to Bitcoin, a native Bitcoin interoperability protocol, has raised $25 million in funding, led by JTSA Global.
PANews reported on December 4th that Portal to Bitcoin, a Bitcoin-native interoperability protocol, announced the completion of a $25 million funding round. The round was led by JTSA Global, with participation from Coinbase Ventures, OKX Ventures, Arrington Capital, and other institutions. Alongside this new funding, the company launched an atomic over-the-counter trading platform, promising "instant, trustless cross-chain settlement for large transactions."
This protocol focuses on providing institutions and large investors with a Bitcoin-pegged cross-chain over-the-counter market. It utilizes Hash Time Locked Contracts (HTLCs) across multiple chains and Bitcoin Taproot contracts to enable the exchange of native Bitcoin with native assets on the integrated blockchain in a non-custodial manner, while emphasizing the reduction of trust assumptions in transactions.
Market Opportunity
Portal Price(PORTAL)
$0.02254
$0.02254$0.02254
USD
Portal (PORTAL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
XRP Price Prediction: $DSNT Could Outperform Ripple Once the Token Goes Live on Multiple Rumored CEXs at the End of January
Galaxy Digital’s $75 million tokenized loan deal shows how fast institutions are pushing traditional finance on-chain. But while firms focus on private credit
Share
Coinstats2026/01/17 22:00
Wormhole breekt door $0,10 en stijgt meer dan 30%
Wormhole (W) knalt vandaag door een belangrijk technisch niveau en laat een forse stijging zien. Na maanden van handel onder de grens van $0,10 is de coin er nu overtuigend doorheen gebroken. Met een koers van $0,116 en een handels volume van $404,49 miljoen in de afgelopen 24 uur, noteert... Het bericht Wormhole breekt door $0,10 en stijgt meer dan 30% verscheen het eerst op Blockchain Stories.
Share
Coinstats2025/09/18 20:33
‘The White Lotus’ Season 4 Officially Casts Its Next Two Actors
The post ‘The White Lotus’ Season 4 Officially Casts Its Next Two Actors appeared on BitcoinEthereumNews.com. With filming on the near horizon, The White Lotus
Share
BitcoinEthereumNews2026/01/17 22:35