SAN FRANCISCO, CA / ACCESS Newswire / September 3, 2025 / Today marks a significant milestone for the cryptocurrency community as Portal to Bitcoin (PORTAL) announces that its native token, $PTB, will be listed on top exchanges including Binance Alpha & Futures, Kraken, KuCoin, Gate.io, Bitget, and MEXC. This expansion significantly enhances the accessibility and liquidity of $PTB for token holders worldwide.
The surge of user growth and network activity within the Portal ecosystem has been impressive. Over the past few months, the platform successfully processed 18 million transactions on its testnet. Additionally, it has garnered more than 1.3 million downloads in the Chrome Web Store and helped grow 850,000 wallets, with a remarkable 950,000 of these remaining active—resulting in a 73% retention rate. This data underscores the project’s burgeoning relevance in the global crypto landscape.
Funding has played a pivotal role in enhancing the Portal ecosystem. The company recently raised $92 million from esteemed investors such as Coinbase Ventures, OKX Ventures, Arrington Capital, and significant players in the blockchain space affiliated with Ethereum, Tether, Dfinity, and Hedera. In addition, Portal has committed $50 million funded by Paloma Investments to accelerate developer adoption, ecosystem growth, and institutional acceptance, thus aiming to establish Bitcoin as a foundational settlement layer beyond just DeFi.
“Central to this expansion is BitScaler, its proprietary scaling technology that allows Bitcoin to handle more transaction types and higher throughput than even Lightning, with lower fees without requiring any alterations to the core Bitcoin protocol,” states Dr. Chandra Duggirala, CEO and Founder of Portal to Bitcoin. The technology ensures that no bridges, Layer 2 solutions, sidechains, or wrapped derivatives are necessary, streamlining the transaction process.
The $PTB token is strategically designed for long-term growth, ensuring rewards for all stakeholders within the ecosystem. Each swap on the network incurs a 0.3% fee, with 0.15% being refilled and burned $PTB tokens. This mechanism aims to reduce the circulating supply, fostering significant deflationary conditions aligned with growing demand. The incentive structure is meticulously planned:
- Liquidity providers receive the bulk of emissions.
- Validators and lite nodes are rewarded for securing the network.
- Community members can benefit from airdrops, both at the token generation event and over time.
- Development and reserves largely face long-term lock-ups.
“Portal’s token design ensures that participants, from liquidity providers to validators, are rewarded both in the near and long term,” continues Dr. Duggirala. “Early contributors stand to benefit directly for the value they brought to the network, while our burn mechanism sustains both network expansion and utility, enhancing overall value.”
Beyond atomic swaps, Portal’s ecosystem includes robust features such as the Portal Wallet, which supports multi-currency transactions while ensuring self-custody. It boasts a cross-chain decentralized exchange (DEX) and a Swap SDK for seamless integration with third-party wallets and DEXs. Furthermore, the project introduces an AI-driven investment copilot named RAFA-AI, designed to aid professional traders with strategic insights and decision-making support.
The founding team comprises influential figures from both the blockchain and high-tech sectors. Dr. Chandra Duggirala, known for creating the BTC Layer 2 cross-chain atomic swaps, is joined by George Burke, a Bitcoin pioneer, and Manoj Duggirala, a Stanford-trained engineer with contributions to Apple’s core technologies. This combination of expertise fuels Portal’s vision for transformative advancements in crypto.
With new exchange listings, solid financial backing for future development, and early adoption metrics reflecting steady growth, Portal to Bitcoin is poised to cement its role as a pivotal force in evolving Bitcoin’s place in the global financial ecosystem.
About Portal to Bitcoin
Portal operates as a non-custodial infrastructure that facilitates atomic swaps between Bitcoin and other blockchains without requiring bridges, centralized exchanges, or wrapped assets. The robust technology stack encompasses BitScaler, PortalOS, the Portal Wallet, Swap SDK, and RAFA-AI. With a total funding of $92 million from premier investors like Coinbase Ventures and Shima Capital, Portal is set to deliver a transformative experience in cryptocurrency.
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Media Contact
Organization: Portal to Bitcoin
Contact Person: Ian Byrne
Website: https://portaltobitcoin.com/
Email: hello@portaldefi.com
SOURCE: Portal to Bitcoin
View the original press release on ACCESS Newswire.