@Portal is a fintech project from San Francisco, USA, focusing on developing a decentralized exchange (DEX) based on Bitcoin infrastructure. The project has successfully raised $34 million in a recent funding round, bringing the total capital raised to $42.5 million. Participating investment funds include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io. ￼

Technologically, Portal uses atomic swap protocol to perform cross-chain transactions securely and decentralized. The platform is built on the Fabric infrastructure, allowing to extend Bitcoin's functionality without fundamental changes. Portal's technology helps reduce transaction fees, improve user experience and eliminate dependence on centralized solutions. ￼

Currently, Portal's products are in the testnet phase and are expected to launch the mainnet in March this year. ￼