Portal to Bitcoin secures 50 million USD in new funding

Portal to Bitcoin, a Bitcoin-first protocol, has secured 50 million USD in new funding. The project’s total financing now stands at 92 million USD, which will be utilized to enhance Bitcoin capabilities with the BitScaler adapter.

The BitScaler adapter operates without wrapped tokens or custodial bridges, ensuring security. The funding aims to attract institutional liquidity providers and enhance the funding program.

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