Bitcoin Portals and Coin Researchs on 04 September 2025

TL;DR

• Idea: Trust-minimized atomic swaps protocol enabling native Bitcoin interoperability
• Catalyst: Recent listing on major exchanges and robust BitScaler technology
• Risks: Complex protocol adoption risks and competitive cross-chain solutions
• Score: 8.00/ 10

Coin

• Name/ Ticker: Portal to Bitcoin (PTB)
• Segment: Infrastructure
• Status: active
• Price: $0.026260

Key Metrics

• Market Cap: $53 553 001
• FDV: $214 600 000
• Circulating Supply: 2 070 875 600
• Total Supply: 5 258 400 000

Sources

1. https://www.coingecko.com/en/coins/portal-to-bitcoin
2. https://coinmarketcap.com/currencies/portaltobitcoin/

Technology

• USP: Trust-minimized atomic swaps between Bitcoin and other blockchains without custodial bridges or wrapped tokens
• Core Technology: BitScaler, a Layer 2/Layer 3 scaling solution combining channel factories with Taproot and policy scripting

Roadmap

• 2024-12-10: Aurelia Testnet Public Launch
• 2025-06-12: Testnet V2 Active
• 2025-09-03: PTB Token Listing on Binance Alpha and Futures

Team & Investors

Team

• Co-founder, CEO — Dr. Chandra Duggirala: MBBS, PhD in Biology, former medical device entrepreneur
• Co-founder, CTO — Manoj Duggirala: Stanford-trained engineer, core developer of Bitcoin DEX infrastructure
• Co-founder, Business Development — George Burke: Bitcoin OG and inventor of first Bitcoin debit card
• CMO — Ian Byrne: Seasoned marketing strategist in crypto
• Head of Business Development — Robin Frey: Expert in partnerships and market expansion
• Senior Bitcoin/Lightning Engineer — Casey Bowman: 13-year Bitcoin veteran, engineer from Stanford & Princeton
• Senior Bitcoin/Crypto Engineer — Anand Suresh: Backend and protocol engineering specialist

Investors

• Paloma Investments — Series A • 2025-08-29 • $50.00M
• Coinbase Ventures — Seed
• OKX Ventures — Seed
• Arrington Capital — Seed
• Gate.io — Seed
• Shima Capital — Seed

Total funding: $92.00M

Tokenomics

• Utility: Validator staking, transaction fee payment, liquidity provider incentives, governance participation
• Vesting: Shareholders: 36-month vesting with 12-month cliff; Foundation: 60-month vesting with 1-month cliff; Emissions: monthly over 10 years
• Next Unlock: 2025-12-03 (33.00% of circulating)

Pros & Cons

Strengths

• True non-custodial model with atomic swaps
• Bitcoin-native architecture preserving asset security
• Advanced BitScaler scaling solution
• Backed by top-tier investors
• Deflationary tokenomics via fee-based buy-and-burn
• Competitive validator staking model
• Broad cross-chain compatibility
• Strong partnerships and integrations
• Robust community engagement
• AI-driven swap routing

Weaknesses

• Complex protocol may hinder mass adoption
• Dependence on validator network performance
• Bitcoin network congestion could impact UX
• Regulatory uncertainty around cross-chain services
• Intense competition from bridge and L2 protocols
• Early-stage product with limited production data
• Vesting schedule could lock up liquidity
• High technical barrier for new users
• Potential smart contract risks
• Market volatility affecting token value

Price Scenarios (target: 2026-03-04)

• Bear: $0.020000 — Assumes PTB captures 0.5% of Bitcoin DeFi TVL, with conservative fee burn and modest adoption growth
• Base: $0.050000 — Assumes PTB captures 2% of Bitcoin DeFi TVL, moderate adoption and sustained protocol fee burns
• Bull: $0.100000 — Assumes PTB captures 5% of Bitcoin DeFi TVL, aggressive adoption and high fee burn rates

How to Buy & Store

CEX

• Bitget
• MEXC
• Gate
• Kraken
• KuCoin

DEX

• Uniswap (Ethereum)
• SushiSwap (Ethereum)
• 1inch (Ethereum)
• Portal DEX
• Paraswap (Ethereum)

Storage

• Ledger
• MetaMask
• Portal Wallet
• Trust Wallet
• Coinbase Wallet

Verdict

Portal to Bitcoin demonstrates strong technological differentiation and market potential, but faces adoption challenges and a competitive landscape. Overall, PTB warrants an 8/10 rating.

Official Links

• Whitepaper
• GitHub
• Messari