Portal, a startup, has secured $34 million in seed funding from investors including Coinbase Ventures, Arrington Capital, OKX Ventures, and others. The funding will support the development of a bitcoin-based decentralized exchange and wallet, taking the total funding to $42.5 million. Portal aims to build a cross-chain decentralized exchange for trading bitcoins with assets on other blockchains. The company had previously raised $8 million from other investors. The DEX, which exited stealth mode, is yet to hit mainnet.
Congratulations to @DeFi on their monumental listing across 7 top exchanges today! ! As proud investors in @DeFi $DEFI, we at @BixinVentures are excited to see this significant step in their journey. The future of DeFi looks brighter than ever! https://t.co/2m59PeFXGr
Portal raised $34 million to build atomic swaps, but its long-awaited DEX is yet to hit mainnet https://t.co/3mOgwQrr1C
ICYMI: Bitcoin-based DEX Portal raises $34 million in seed funding from Coinbase Ventures and others https://t.co/AK4MIVJtkv
Portal raises $34M for secure decentralized bitcoin exchange https://t.co/Yg511CLoro
š°š„ We're thrilled to announce #Portal's ššš°š°š²ššš³šš¹ š°š¹š¼šš² š¼š³ š® $šÆš°š šš²š²š± š³šš»š±šæš®š¶šš¶š»š“ šæš¼šš»š± from investors, including @CBVentures, @Arrington_Cap, @OKX_Ventures, @gate_io, & others for building #DeFiOnBitcoin, featured on @TheBlock__ā¦ https://t.co/WhUMiUTv6z
āļø@Portal_Finance raised $34M for @Bitcoin DEX exchange development The Seed investors include @Cbventures, @Arrington_Cap, @OKX_Ventures, and @Gate_Ventures. Previously, it raised $8M from @ShimaCapital, @LD_Capital, @GenblockCapital, etc. š https://t.co/1Qnw8RYWMq https://t.co/8SCGyYnpSE
Portal, a startup building a BTC-based cross-chain decentralized exchange and wallet, raised a $34M seed from Coinbase and others, taking its funding to $42.5M (@yogita_khatri5 / The Block) https://t.co/wRIJAihMqx š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/ftWHEx5tqX
.@portal_finance has raised $34 million to support the development of its bitcoin-based decentralized exchange, which exited stealth mode on Tuesday. By @JamieCrawleyCD https://t.co/S9dM8opRrP
Portal has raised a new $34 million funding round to build a decentralized exchange for trading bitcoins with assets on other blockchains. https://t.co/gpMfDqdaKx
Bitcoin-based DEX Portal raises $34 million in seed funding from Coinbase Ventures and others https://t.co/kq0R7AHuvK