The $50 million funding round, led by Paloma Investments, will support the growth of Portal's native Bitcoin scaling solution, BitScaler, and its liquidity programs.
Portal to Bitcoin has raised $50 million in funding, led by Paloma Investments, bringing its total financing to $92 million. The funds will be used to expand the BitScaler adapter, a solution for native Bitcoin scaling without wrapping tokens or custodial bridges. The capital will also help grow the funding program and attract liquidity providers from institutional and community sectors.