BITCOIN-BASED DEX PORTAL RAISES $34 MILLION IN SEED FUNDING FROM COINBASE VENTURES AND OTHERS

Summary from the TLDR Crypto newsletter

Bitcoin-based startup Portal raised $34 million in a recent seed funding round as it gears up to launch on mainnet in March. Portal, which enables cryptocurrency swaps across various blockchains through atomic swaps, plans to cement its position by supporting as many wallets and decentralized exchanges as possible to remove the risks of centralized bridges from the ecosystem and introduce the security of its fully non-custodial solution. The funding round will be used to launch an AI-driven investment application aimed at assisting users in making informed investment choices.