Portal to Bitcoin secures $25 million investment for the launch of its atomic OTC cross-chain trading platform, enhancing Bitcoin interoperability.Portal to Bitcoin secures $25 million investment for the launch of its atomic OTC cross-chain trading platform, enhancing Bitcoin interoperability.
Portal to Bitcoin Raises $25M for Cross-Chain Platform
Key Points:
- Portal to Bitcoin secures $25M investment led by JTSA Global.
- Launches atomic cross-chain trading platform.
- Enhances Bitcoin native interoperability efforts.
Portal to Bitcoin raised $25 million, led by JTSA Global, with limited publicly available data beyond this headline. The protocol facilitates Bitcoin-native interoperability using atomic swap mechanisms but lacks detailed official commentary or technical architecture in non-news sources.
Portal to Bitcoin announced a $25 million funding round led by JTSA Global, introducing an “atomic OTC” cross-chain trading platform.
The investment marks a significant step for Bitcoin’s cross-chain integration, with immediate market interest. Portal to Bitcoin’s new platform aims to enhance native BTC trading across chains.
Funding and Platform Launch
Portal to Bitcoin has raised $25 million to launch its new platform, enhancing Bitcoin interoperability through cross-chain technology. This move is viewed as a pivotal advancement in decentralized finance.
The initiative involves JTSA Global, leading the funding round. The focus is on Bitcoin and other assets, with a push towards cross-chain settlement using atomic swap methods.
Immediate effects on market sectors and token liquidity highlight the significance of this development. It is expected to optimize trading and integration within the broader cryptocurrency ecosystem.
The financial boost is likely aiming at pivotal changes in trading mechanisms across chains. Such innovations may influence regulatory perspectives, impacting market policies globally.
In summary, the new platform by Portal to Bitcoin could revolutionize cross-chain capabilities, promoting efficient and secure decentralized trading methods for cryptocurrencies worldwide.
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
Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny
The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Tom Lee Predicts Major Bitcoin Adoption Surge
The post Tom Lee Predicts Major Bitcoin Adoption Surge appeared on BitcoinEthereumNews.com. Key Points: Tom Lee suggests significant future Bitcoin adoption. Potential 200x increase in Bitcoin adoption forecast. Ethereum positioned as key settlement layer for tokenization. Tom Lee, co-founder of Fundstrat Global Advisors, predicted at Binance Blockchain Week that Bitcoin adoption could surge 200-fold amid shifts in institutional and retirement capital allocations. This outlook suggests a potential major restructuring of financial ecosystems, boosting Bitcoin and Ethereum as core assets, with tokenization poised to reshape markets significantly. Tom Lee Projects 200x Bitcoin Adoption Increase Tom Lee, known for his bullish stance on digital assets, suggested that Bitcoin might experience a 200 times adoption growth as more traditional retirement accounts transition to Bitcoin holdings. He predicts a break from Bitcoin’s traditional four-year cycle. Despite a market slowdown, Lee sees tokenization as a key trend with Wall Street eyeing on-chain financial products. The immediate implications suggest significant structural changes in digital finance. Lee highlighted that the adoption of a Bitcoin ETF by BlackRock exemplifies potential shifts in finance. If retirement funds begin reallocating to Bitcoin, it could catalyze substantial growth. Community reactions appear positive, with some experts agreeing that the tokenization of traditional finance is inevitable. Statements from Lee argue that Ethereum’s role in this transformation is crucial, resonating with broader positive sentiment from institutional and retail investors. As Lee explained, “2025 is the year of tokenization,” highlighting U.S. policy shifts and stablecoin volumes as key components of a bullish outlook. source Bitcoin, Ethereum, and the Future of Finance Did you know? Tom Lee suggests Bitcoin might deviate from its historical four-year cycle, driven by massive institutional interest and tokenization trends, potentially marking a new era in cryptocurrency adoption. Bitcoin (BTC) trades at $92,567.31, dominating 58.67% of the market. Its market cap stands at $1.85 trillion with a fully diluted market cap of $1.94 trillion.…
Share
BitcoinEthereumNews2025/12/05 10:42
‘Real product market fit’ – Can Chainlink’s ETF moment finally unlock $20?
The post ‘Real product market fit’ – Can Chainlink’s ETF moment finally unlock $20? appeared on BitcoinEthereumNews.com. Chainlink has officially joined the U.S. Spot ETF club, following Grayscale’s successful debut on the 3rd of December. The product achieved $13 million in day-one trading volume, significantly lower than the Solana [SOL] and Ripple [XRP], which saw $56 million and $33 million during their respective launches. However, the Grayscale spot Chainlink [LINK] ETF saw $42 million in inflows during the launch. Reacting to the performance, Bloomberg ETF analyst Eric Balchunas called it “another insta-hit.” “Also $41m in first day flows. Another insta-hit from the crypto world, only dud so far was Doge, but it’s still early.” Source: Bloomberg For his part, James Seyffart, another Bloomberg ETF analyst, said the debut volume was “strong” and “impressive.” He added, “Chainlink showing that longer tail assets can find success in the ETF wrapper too.” The performance also meant broader market demand for LINK exposure, noted Peter Mintzberg, Grayscale CEO. Impact on LINK markets Bitwise has also applied for a Spot LINK ETF and could receive the green light to trade soon. That said, LINK’s Open Interest (OI) surged from $194 million to nearly $240 million after the launch. The surge indicated a surge in speculative interest for the token on the Futures market. Source: Velo By extension, it also showed bullish sentiment following the debut. On the price charts, LINK rallied 8.6%, extending its weekly recovery to over 20% from around $12 to $15 before easing to $14.4 as of press time. It was still 47% down from the recent peak of $27. The immediate overheads for bulls were $15 and $16, and clearing them could raise the odds for tagging $20. Especially if the ETF inflows extend. Source: LINK/USDT, TradingView Assessing Chainlink’s growth Chainlink has grown over the years and has become the top decentralized oracle provider, offering numerous blockchain projects…
Share
BitcoinEthereumNews2025/12/05 10:26