PANews reported on July 10 that according to The Block, the Monad Foundation, the developer of the Layer1 blockchain Monad, announced that it will acquire Portal Labs, a stablecoin infrastructurePANews reported on July 10 that according to The Block, the Monad Foundation, the developer of the Layer1 blockchain Monad, announced that it will acquire Portal Labs, a stablecoin infrastructure
Monad Foundation to Acquire Stablecoin Infrastructure Developer Portal Labs
1 min read
PANews reported on July 10 that according to The Block, the Monad Foundation, the developer of the Layer1 blockchain Monad, announced that it will acquire Portal Labs, a stablecoin infrastructure developer. After the transaction is completed, Portal will operate as a subsidiary, and its co-founder and CEO Raj Parekh will join the Monad Foundation as head of payment and stablecoin business.
Portal Labs provides SDK and API tools that support more than 100 blockchains, helping developers quickly integrate stablecoin payment functions. This acquisition will combine Portal's multi-chain payment solution with Monad's high-performance blockchain, and the Monad mainnet is expected to be launched in the second half of 2025.
Market Opportunity
Portal Price(PORTAL)
$0,01746
$0,01746$0,01746
USD
Portal (PORTAL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds
The post ‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds appeared on BitcoinEthereumNews.com. More than six in 10 crypto press releases published
Share
BitcoinEthereumNews2026/02/04 13:09
Why Vitalik Says L2s Aren’t Ethereum Shards Now?
The post Why Vitalik Says L2s Aren’t Ethereum Shards Now? appeared on BitcoinEthereumNews.com. Vitalik says Ethereum’s scaling and higher gas limits mean L2s no
Share
BitcoinEthereumNews2026/02/04 13:18
Adoption Leads Traders to Snorter Token
The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45