🍿 Portal Ventures To Back sBTC: Countdown to Launch (10 Days Left!)

After Immunefi, CoinFlip, and Bitcoin Frontier Fund, Portal Ventures announces its plans to back sBTC as part of the sBTC Best & Brightest campaign. Meanwhile, we’re closing in on the launch of sBTC deposits, unlocking Bitcoin’s nearly 2 Trillion market opportunity. Let’s dive into this week’s Stacks snacks!

🍿 Stacks Snacks

• Leading Pre-seed VC Firm Portal Ventures plans to back sBTC.

• Stacks is ranked fourth on top projects list by BrokerScore, scoring 8.1 out of 10.

• Portal Ventures General Partner Catrina Wang releases thesis on STX.

• Hermetica’s stablecoin USDh sees an all-time-high APY with 35%.

• The ALEX Surge campaign continues to excite the tokenized communities on Stacks.

• Bitcoin L2 Labs releases a new Stacks Tech Update including achieved milestones and rollout for sBTC.

😋 Other tasty content

• Bitcoin Builders Hackathon Buidl Battle shared the first VCs and judges attending the event, with Dan Held, Muneeb Ali, Elizabeth Olson, and many others.

• What is your favourite Stacks App? Vote for the annual Stackies Awards!

• Vote for Stacks as the crypto project of the year by Coinage.