According to Foresight News, the venture capital firm Portal Ventures announced it will support sBTC, the 1:1 programmable Bitcoin asset of Stacks. The company will host a series of seminars aimed at educating institutional investors about the role of sBTC in improving Bitcoin capital efficiency and transforming it into a productive asset class.
Portal launched a second phase fund of $75 million this November, and is one of the active supporters and investors in the Stacks ecosystem.