PACT SWAP Secures $5M Commitment from DNA Fund as It Goes Live with Native Bitcoin Crosschain DEX

A new chapter in decentralized trading is unfolding. DNA Fund has pledged a $5 million raise to supercharge the growth of PACT SWAP, a crosschain decentralized exchange that supports native Bitcoin — and does it live, without bridges or wrapped tokens. This milestone cements PACT SWAP’s place in the next wave of DeFi innovation.

A Big Bet on Seamless Crosschain Trading

The commitment includes a $500,000 direct investment from DNA Fund’s Helix vehicle, aimed at accelerating PACT SWAP’s development and ecosystem reach. What sets this DEX apart is its architectural breakthrough: it allows native assets like Bitcoin, TRON, and Ethereum-based tokens to be swapped across chains without relying on third-party bridges or synthetic assets.

Built on Coinweb’s PACT framework, this platform enables secure and fast swaps with a modular execution layer. The approach removes bottlenecks typically associated with crosschain trading—like slow confirmations, security vulnerabilities, and high fees—by introducing interoperability without requiring consensus across chains. That means transactions are executed with near-instant finality, while cutting operational costs by up to 95% compared to traditional models.

Heavyweight Founders Join the Mission

With the backing of DNA Fund also comes the addition of some of crypto’s most influential builders. Brock Pierce, co-founder of Tether and Block.one, Scott Walker, DNA Fund co-founder and investor in over 50 Web3 unicorns, and Toby Gilbert, a key player behind Coinweb and OnRamp, have all joined PACT SWAP Labs as co-founders.

Their collective experience in launching, funding, and scaling infrastructure projects is expected to give PACT SWAP a serious advantage—both in technology execution and market expansion.

According to DNA Fund CEO Chris Miglino, “PACT SWAP represents a leap forward for decentralized trading. With the right team and the right technology, it’s finally possible to trade across chains without sacrificing control or composability.”

Moving Beyond Bridges and Validators

For years, crosschain solutions have relied heavily on bridges and third-party validators. These tools have helped unlock liquidity but have also introduced points of failure, both technical and economic. PACT SWAP takes a different route. Using Coinweb’s consensusless interoperability model, the DEX avoids these legacy issues altogether.

Stephen Morris, CEO of PACT SWAP Labs, emphasized the importance of this design shift: “We’re not just building another DEX. We’re solving fundamental problems in crosschain trading—security, scalability, and user control. Live production is a major step forward.”

Production Rollout and What’s Next

As of now, PACT SWAP’s live environment supports swaps between BTC, TRX, BNB, ETH, and USDT across TRC20, BEP20, and ERC20 standards. The system currently operates with a $20,000 cap per transaction, allowing for controlled scaling while partner integrations are finalized.

The full public launch is slated for the coming months, with additional assets and larger trading volumes on the roadmap. The DEX is designed to cater to both retail traders and institutional players, with features like permissionless listings and multi-asset liquidity support.

A Broader Vision for DeFi Interoperability

The significance of DNA Fund’s backing goes beyond just money. As one of the earliest and most respected venture firms in Web3, DNA brings operational insight, access to high-profile networks, and a strong reputation among early adopters and builders. Their involvement signals that crosschain functionality—especially for native Bitcoin—is ready for prime time.

With Coinweb’s technology, a veteran team, and growing investor interest, PACT SWAP is positioning itself as a critical piece of infrastructure in the evolution of decentralized finance.