Internet reports that the bitcoin priority agreement Portal to Bitcoin has received US$50 million in new financing led by Paloma Investments, bringing the total financing for the project to US$92 million. The funds will be used to support the expansion of the company's adapter BitScaler. BitScaler can scale native bitcoin without the use of wrapped tokens, escrow bridges, or "messaging or other insecure alternatives." Portal plans to use the new funding to expand its funding program and include institutional and community mobility providers. Currently, the company is also conducting pilot integration with wallets and managed platforms to demonstrate unmanaged token exchanges.