"As a staking and swapping layer, interoperability layer and execution layer, Portal's infrastructure will enable any user to swap bitcoin across a range of blockchains and back in seconds without giving up custody, privacy or security," Portal said.
"The healthy size of the funding round is an indicator both of the brightening prospects for raising capital in the crypto industry after a tough couple of years and the growing interest in the use of bitcoin in the decentralized finance (DeFi) world, which is otherwise dominated by altcoins like ether (ETH) and Solana (SOL)," the article stated.
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