Portal provides a bridgeless, multichain infrastructure that enables validators to operate without custody of user funds, supporting all major L1 and L2 nodes through its Portal OS platform. Its BitScaler solution offers a trustless, multi‑party channel for scaling Bitcoin in DeFi, allowing permissionless cross‑chain contracts without requiring new op‑codes, and includes tools like a liquidity router, swap SDK, and reference wallets for developers.
Funding
$92.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+4Founders
Product
Problem
Bitcoin’s security and decentralization are difficult to leverage for DeFi and cross‑chain applications because existing solutions rely on bridges, wrapped assets, or custodial intermediaries that reintroduce trust and custody risks.
Solution
Portal provides a bridgeless, multichain infrastructure that enables trust‑minimized, permission‑less cross‑chain transactions on Bitcoin. Its core component, BitScaler, implements non‑custodial multi‑party channel contracts that allow atomic swaps and layer‑2 scaling without new op‑codes or custodial custody. The Portal Liquidity Router aggregates liquidity across chains using multi‑party HTLCs and specialized AMM contracts, delivering fast, cheap swaps directly to Bitcoin’s liquidity. Developers can integrate this functionality via the Swap SDK, which offers drag‑and‑drop, NixOS‑based tooling for any blockchain or virtual machine. Reference wallet implementations showcase non‑custodial, multi‑currency wallets with built‑in DEX, AI‑driven recommendations, and optional Lightning management, allowing end users to trade and manage assets without relying on centralized services.
Target Audience
Portal targets DeFi protocol developers, DApp builders, and wallet providers seeking to incorporate Bitcoin liquidity and cross‑chain functionality without bridges or custodial intermediaries.
Features
- BitScaler: trust‑less multi‑party channel protocol enabling permissionless cross‑chain contracts on Bitcoin without custodial bridges
- Portal Liquidity Router: aggregating multi‑party HTLCs and cross‑chain AMM contracts for instant, low‑cost atomic swaps across Bitcoin layers and other chains
- Swap SDK: developer‑focused library with drag‑and‑drop integration, NixOS testing environment, and support for any chain or virtual machine
- Reference non‑custodial wallet: supports 3000+ tokens, built‑in DEX, AI‑driven trading recommendations, and Lightning management without running a node
- Peer‑to‑peer relayer DEX: automatic order matching and instantaneous swaps without centralized order books
- Permissionless peg‑in/peg‑out: enables users to move assets between Bitcoin L2s and wrapped tokens on other chains without custodial risk