#比特币对比代币化黄金 Portal to Bitcoin has secured a large investment—$25 million in funding has just been closed, led by digital asset lending firm JTSA Global. This project has already attracted a lot of attention, with players like the venture arm of a compliance platform, an investment institution from an exchange, and Arrington Capital entering the scene early on.
What are they doing? In short, they want to make $BTC truly move. Project founder Chandra Duggirala has a bold vision: to turn Bitcoin into the settlement infrastructure for the global asset market, and the key is to do it without using traditional bridges, custodians, or wrapped assets.
On the technical side, they're operating at a deep level. They're building on BitScaler, a Layer 3 network, with an architecture somewhat similar to the Lightning Network—using a validator federation as central nodes, and liquidity providers as distributed nodes. Their newly launched atomic OTC platform uses Hash Time-Locked Contracts (HTLC), which enables trustless peer-to-peer transactions.
Simply put, this is about finding a new path for native interoperability for Bitcoin. If they can really pull this off, Bitcoin’s liquidity and use cases could definitely take a big step forward.
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FallingLeaf
· 19h ago
Another big swing is coming, but what kind of splash 25 million can make remains to be seen.
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MechanicalMartel
· 19h ago
25 million in funding, Portal is really getting serious this time.
Another Layer 3? Feels like we still haven't figured out L2 yet.
HTLCs have been around for a long time, the key is whether they can actually solve the problem of fragmented liquidity.
Using Bitcoin as a settlement layer sounds great, but in reality, will it just be more hype?
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CountdownToBroke
· 19h ago
$25 million in funding, yet another project claiming to change the Bitcoin world. But can it really work?
#比特币对比代币化黄金 Portal to Bitcoin has secured a large investment—$25 million in funding has just been closed, led by digital asset lending firm JTSA Global. This project has already attracted a lot of attention, with players like the venture arm of a compliance platform, an investment institution from an exchange, and Arrington Capital entering the scene early on.
What are they doing? In short, they want to make $BTC truly move. Project founder Chandra Duggirala has a bold vision: to turn Bitcoin into the settlement infrastructure for the global asset market, and the key is to do it without using traditional bridges, custodians, or wrapped assets.
On the technical side, they're operating at a deep level. They're building on BitScaler, a Layer 3 network, with an architecture somewhat similar to the Lightning Network—using a validator federation as central nodes, and liquidity providers as distributed nodes. Their newly launched atomic OTC platform uses Hash Time-Locked Contracts (HTLC), which enables trustless peer-to-peer transactions.
Simply put, this is about finding a new path for native interoperability for Bitcoin. If they can really pull this off, Bitcoin’s liquidity and use cases could definitely take a big step forward.