Portals Simplifies DeFi With $2M Seed Funding: Will Scalability Challenge Its Growth?

Calgary-based platform Portals aims to simplify Web3 and make complex DeFi actions accessible to anyone. They’ve closed a $2 million seed funding round led by Lightshift Capital. Portals eliminates complexities by bundling multi-step actions and providing access to over 20,000 staking opportunities. The funds will enhance performance, expand the team, and drive DeFi adoption.