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The DNA Fund has committed $5,000,000 to accelerate the development of the fourth ever cross-chain decentralized exchange that supports native Bitcoin in live production. This includes a $500,000 direct investment from helix funds into turbocharge progress.
PACT SWAP LABS welcomed DEX, PACT SWAP and blockchain heavyweights Brock Pierce, Scott Walker and Toby Gilbert as co-founders and joined the protocol’s original founding team.
PACT SWAP is a next-generation cross-chain index that allows you to trade native Bitcoin, Tron and other assets across an incompatible chain without a bridge, wrapped token or external verification device. With unconsensus interoperability built on Coinweb’s own framework of agreements, it offers fast, safe, and cost-effective swap with complexity and scalability at its core, at just a small fraction of the cost of its competitors.
The $5,000,000 commitment from the DNA fund is a major milestone in PACT SWAP’s growth. Known for supporting early-stage Web3 leaders, including MasterCoin, Hedera and EOS-EOS funds, the DNA fund supports PACT SWAP Labs with ecosystem development, strategic partnerships and global market rollouts.
DNA provides deep operational support and proven track record in scaling disruptive technology beyond capital. The new co-founder of PACT SWAP Labs brings a rich experience to your projects.
Brock Pierce – Original co-founder of Tether, Block, Blockchain Capital and more. Scott Walker – Co-founder of Casper Labs’ DNA Fund and invests in over 50 projects, including HBAR, Frax, Coinbase and many other unicorns. Toby Gilbert – co-founder of Onramp and Coinweb.
Together, we combine decades of impact across Crypto, ventures and infrastructure to drive the adoption of PACT SWAP and significantly strengthen our ability to restructure cross-chain digital asset transactions.
“PACT SWAP represents a leap in decentralized trading and we are proud to support a project that will make this vision a reality,” said Chris Miglino, CEO of DNA Fund.
Stephen Morris, CEO of Pact Swap Labs, added: “Most cross-chain Dexs rely on outdated models such as bridges and validators. PactSwap introduces a fundamentally new approach. It is fundamental, cost-effective and safe by design.
The live production rollout includes SWAP features from BTC, TRX, BNB, ETH, and USDT (TRC20, BEP20, ERC20) along with integrations with major already ongoing ecosystem partners with a $20,000 trading cap. It is scheduled for a full release in the coming months.
About agreement swap
PACT SWAP is the next generation of cross-chain DEX, allowing seamless trading of native assets such as Bitcoin and Tron across incompatible chains. Built on Coinweb’s modular execution layer, PACT Swap offers up to 95% lower fees than existing cross-chain protocols, supporting unauthorized token lists, high complexity, and instrumental finality. Designed for both retail and institutional users, it redefines cost-efficiency and security in decentralized transactions.
About DNA Funds
The DNA Fund is one of the original venture capital firms in Web3 Space, led by early crypto pioneers Block Pierce and Scott Walker, and has a proven track record of transformative Web3 projects. With deep experience in infrastructure, real-world asset tokenization, and early-stage investment, DNA Fund supports founders more than just capital.
For more information, go to: Agreement swap | DNA fund
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