PACT SWAP Receives $5 Million Commitment from DNA Fund as Cross-Chain DEX Supports Native Bitcoin
Next-generation cross-chain decentralized exchange platform PACT SWAP has received a commitment of up to $5,000,000 from DNA Fund, to accelerate its global product rollout. This includes a direct investment of $500,000 from Helix Fund, an investment arm of DNA, to accelerate the platform’s development.
Founded by the founding team of PACT SWAP Labs, the new protocol welcomes three big names in the blockchain space — Brock Pierce, Scott Walker, and Toby Gilbert — as co-founders, helping to solidify its strategic vision and scale the platform internationally.
Redefining Cross-Chain Trading
PACT SWAP is a pioneering cross-chain DEX that allows users to trade native Bitcoin, TRON, and assets across incompatible blockchains — without bridges, wrapped tokens, or external validators. Built on Coinweb’s proprietary PACT framework, the platform supports non-consensus interoperability, optimizing the speed, cost, and security of every transaction.
“PACT SWAP represents a breakthrough in digital asset trading. We are proud to support the talented founding team, including Brock, Scott, and Toby, who have helped shape the early stages of the blockchain industry,” said Stephen Morris, CEO of PACT SWAP Labs.
Global Vision with Strategic Support from DNA Fund
The $5 million funding commitment from DNA Fund is a significant milestone for PACT SWAP in its journey to global expansion. DNA Fund is one of the prominent venture capital funds in the Web3 space, having supported projects such as Mastercoin, Hedera, EOS.
In addition to capital, DNA Fund brings extensive experience in operations, go-to-market strategy and ecosystem connectivity. Three new co-founders also contribute to bringing the platform closer to becoming the new standard in decentralized transactions:
Brock Pierce – Co-founder of Tether, Block.one, Blockchain Capital
Scott Walker – Co-founder of DNA Fund, Casper Labs, investor in over 50 Web3 projects
Toby Gilbert – Co-founder of Coinweb and OnRamp
Live product launch and expansion plans
The live product launch phase includes instant swap functionality for BTC, TRX, BNB, ETH, USDT (TRC20, BEP20, ERC20 standards), with an initial transaction limit of up to 20,000 USD. PACT SWAP is also actively integrating with strategic ecosystem partners, paving the way for a public launch in the near future.
About PACT SWAP
PACT SWAP is a groundbreaking cross-chain DEX that enables native assets such as Bitcoin and TRON to be traded on incompatible blockchains without bridges or validators. Built on a modular order matching layer from Coinweb, PACT SWAP optimizes transaction costs up to 95% lower than competitors, supports permissionless tokens, high composability, and near-instant transaction settlement. PACT SWAP is designed to serve both retail and institutional users with a focus on efficiency, security, and scalability.
About DNA Fund
DNA Fund is one of the pioneers in Web3 investment, co-founded by Brock Pierce and Scott Walker, with the goal of supporting transformative projects. DNA Fund not only invests financially but also provides strategic, operational and communications support to help Web3 startups grow strongly on a global scale.