Portal to Bitcoin secured $50 million to expand BitScaler, accelerating non-custodial Bitcoin scaling through Layer 2 atomic-swap technology; the funds target grant programs, institutional liquidity and native BTC scaling without wrapped tokens, aiming to reduce custodial risk and boost cross-chain liquidity.
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Portal to Bitcoin raised $50M to scale BitScaler and expand grants.
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Funding strengthens non-custodial Bitcoin transactions and atomic-swap interoperability.
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Investment signals increased institutional support and potential liquidity growth; total company funding now $92M.
Portal to Bitcoin funding: $50M for BitScaler non-custodial Bitcoin scaling—read how institutional backing boosts secure atomic-swap liquidity and grants. Learn more.
What is Portal to Bitcoin’s $50 million funding for?
Portal to Bitcoin funding is a $50 million investment led by Paloma Investments to expand BitScaler, a native BTC scaling protocol focused on non-custodial Bitcoin scaling. The capital will enlarge grant programs, attract institutional and community liquidity providers, and advance Layer 2 atomic-swap technology.
How will BitScaler enhance non-custodial Bitcoin scaling?
BitScaler is designed to enable native Bitcoin scaling without wrapped tokens or custodial intermediaries. The protocol emphasizes atomic swaps and Layer 2 primitives to move value securely across chains while preserving private key control.
New funding will be allocated to grants and developer incentives to increase liquidity depth and institutional participation. Portal to Bitcoin now reports total funding of $92 million, supported by investors including Coinbase Ventures and Paloma Investments (plain text).
Why does this funding matter for Bitcoin liquidity and institutions?
Front-loaded with impact: the injection of $50 million signals growing institutional interest in decentralized, non-custodial infrastructure. Institutional liquidity providers typically deepen on-chain liquidity, reducing slippage for large transactions.
By strengthening grant incentives, Portal to Bitcoin aims to attract market makers and custodial-averse institutions that prefer on-chain, atomic-swap settlement models.
What are the technical and market implications?
- Technical: Wider deployment of atomic-swap Layer 2s can reduce reliance on wrapped assets and custodial bridges.
- Market: Increased liquidity providers could improve BTC on-chain throughput and cross-chain settlement velocity.
- Risk reduction: Non-custodial settlements reduce counterparty custody risk inherent in centralized bridges.
| Metric | Amount |
|---|---|
| Latest round | $50,000,000 |
| Total funding | $92,000,000 |
| Lead investor (plain text) | Paloma Investments |
When will BitScaler’s upgrades roll out?
Portal to Bitcoin has announced immediate allocation to grants and developer programs; specific protocol upgrades will roll out in phased releases over upcoming quarters. The project intends to publish technical milestones and grant schedules to the community.
Who is quoted on the initiative?
“Portal intends to solve the problem of custodial risk once and for all using secure and transparent Layer 2 atomic swap technology…” — Chandra Duggirala, CEO, Portal to Bitcoin. The quote underscores the company’s public roadmap to prioritize non-custodial settlement.
Frequently Asked Questions
How does BitScaler differ from wrapped-token bridges?
BitScaler relies on atomic-swap primitives and Layer 2 settlement to move BTC value without issuing wrapped tokens. This design keeps custody with holders and avoids bridge counterparty risk associated with wrapped assets.
What is the timeline for grant distribution?
Portal to Bitcoin has indicated immediate expansion of its grant program with phased distributions tied to integration milestones. Detailed schedules will be published by the project team in upcoming community updates.
Key Takeaways
- Major funding: $50M injection expands BitScaler and widens grant programs.
- Non-custodial focus: Protocol emphasizes atomic swaps to reduce custody risk.
- Institutional impact: New capital aims to attract institutional liquidity and deepen on-chain markets.
Conclusion
Portal to Bitcoin’s $50 million funding round for BitScaler marks a strategic push toward native, non-custodial Bitcoin scaling. The investment is intended to accelerate Layer 2 atomic-swap deployments, expand grants for liquidity providers and foster institutional participation. Watch for technical milestones and grant announcements as the project rolls out further updates.
Published: 28 August 2025, 16:11:46 GMT +0000. Author: COINOTAG. Reporting contribution: Liam Zhang.
