Portal Ventures has announced its support for sBTC, a 1:1 programmable Bitcoin asset on Stacks. The company will host a series of workshops aimed at educating institutional investors about the role of sBTC in enhancing Bitcoin capital efficiency and transforming it into a productive asset class. Portal Ventures is a leading crypto fund focused on leading seed-stage crypto startups, recently launching a $75 million Fund II, supported by notable figures including Chris Dixon, Marc Andreessen, Henry Kravis, and Kyle Samani. The firm employs a theory-driven investment approach and predicted the Bitcoin revival as early as 2023, becoming the first company in the Western Hemisphere to support Bitcoin theory. Portal Ventures' announcement is part of the Stacks Foundation's "Best and Brightest" initiative, which showcases leading organizations that support sBTC.

Portal Ventures today announced its plans to support sBTC, Stacks’ 1:1 programmable Bitcoin asset. The firm will offer a series of workshops aimed at educating institutional investors on sBTC’s role in enhancing Bitcoin’s capital efficiency and transforming it into a productive asset class.Portal is the foremost crypto fund dedicated to exclusively leading pre-seed crypto startups. It recently unveiled its $75 million fund II, backed by prominent figures including Chris Dixon, Marc Andreessen, Henry Kravis, and Kyle Samani, alongside leading fund-of-funds including Accolade, Theta, and Crosslayer. This robust network of investors highlights the firm’s reputation and influence within the crypto and venture capital ecosystems.The firm adopts a thesis-driven approach to investing. It was the first to research and predict the Bitcoin Renaissance as early as 2023 and became the first firm in the Western Hemisphere to champion the Bitcoin thesis. Portal Ventures recognizes that Bitcoin is more than just digital gold. Their proactive commitments generate the type of leadership that will help advocate Bitcoin into a capital-efficient, programmable asset."We’ve always believed in Bitcoin's potential to revolutionize the financial landscape,” says Catrina Wang, General Partner at Portal Ventures “Our support for sBTC is a natural part of our work towards a programmable and capital-efficient Bitcoin ecosystem. Assets like sBTC are a crucial bridge between Bitcoin's established value proposition and the world of DeFi, opening up new avenues for growth and utility.”Portal Ventures is also one of the most involved firms in fostering crypto entrepreneurship among alumni and campus talent as well. General Partner Catrina Wang chairs the committee for the annual UPenn Blockchain Conference, the largest non-profit, self-organized campus event of its kind. This hands-on involvement underscores Portal’s commitment to driving Bitcoin and blockchain innovation through education and early talent development.Portal Ventures’ announcement is part of the Stacks Foundation's "Best and the Brightest" campaign, which showcases leading organizations that support sBTC. Portal is also one of the earliest and most active supporters and investors in the Stacks ecosystem. This campaign features top organizations across the Bitcoin ecosystem, emphasizing their commitment to advancing the utility and accessibility of Bitcoin. By aligning with industry leaders, the Stacks Foundation seeks to educate the community about the transformative potential of sBTC and its role in activating a robust Bitcoin economy.This post is commissioned by Stacksand does not serve as a testimonial or endorsement by The Block. This post is for informational purposes only and should not be relied upon as a basis for investment, tax, legal or other advice. You should conduct your own research and consult independent counsel and advisors on the matters discussed within this post. Past performance of any asset is not indicative of future results.

Portal Ventures supports sBTC, promoting capital efficiency improvements in Bitcoin.