Portal Secures $8.5M from Coinbase, Ventures Arrington XRP Capital and Others to Build Bitcoin-Based DeFi Platform
San Francisco, United States, 21st September, 2021,
Portal ,a self-hosted Layer 2 wallet and true cross-chain DEX on Bitcoin that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private, is delighted to announce the closing of an $8.5 million funding round to build a self-sovereign and uncensorable DeFi on Bitcoin.
The funding round saw participation from Coinbase Ventures, ArringtonXRP Capital, OKEx, Republic.co, Shima Ventures, LD Capital, Monday Capital, GenBlock, Taureon, Autonomy Capital, Krypital, B21 Capital as well as the senior executives and founders of Ethereum, DFINITY, MobileCoin, Tether (USDT), Galaxy Digital, Bitcoin.com, Republic, Centre.io, Polymath, Æternity, Hedera Hashgraph, Blockstream, Reef Finance, GlobeDX, FIO, Portion, and 4K.
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