PACT SWAP Secures $5,000,000 Investment from DNA Fund for Cross-Chain DEX Development

DNA Fund has pledged $5,000,000 to accelerate the development of PACT SWAP, a cross-chain decentralized exchange (DEX) that supports native Bitcoin and is now in live production. This investment includes a direct contribution of $500,000 from DNA Fund's Helix Fund to expedite progress.

PACT SWAP Labs, the core contributor behind the DEX, has welcomed blockchain industry leaders Brock Pierce, Scott Walker, and Toby Gilbert as co-founders. These individuals join the original founding team of the protocol, bringing extensive experience and expertise to the project.

PACT SWAP is designed as a next-generation cross-chain DEX that enables the trading of native Bitcoin, TRON, and other assets across incompatible chains without the need for bridges, wrapped tokens, or external validators. Built on Coinweb’s unique PACT framework for consensusless interoperability, it offers fast, secure, and cost-efficient swaps with a focus on composability and scalability. This makes it a more affordable option compared to its competitors.

The $5,000,000 commitment from DNA Fund is a significant milestone for PACT SWAP. DNA Fund, known for backing early-stage Web3 leaders such as Mastercoin, Hedera, and EOS, will support PACT SWAP Labs with ecosystem development, strategic partnerships, and a global go-to-market rollout. Beyond financial support, DNA Fund brings deep operational expertise and a proven track record in scaling disruptive technologies.

The new co-founders of PACT SWAP Labs bring a wealth of experience to the project. Brock Pierce is the original co-founder of Tether, Block.one, and Blockchain Capital, among others. Scott Walker is the co-founder of DNA Fund and Casper Labs and has invested in over 50 projects, including HBAR, FRAX, and Coinbase. Toby Gilbert is the co-founder of OnRamp and Coinweb. Their combined decades of impact across crypto, venture, and infrastructure will significantly strengthen PACT SWAP’s ability to drive adoption and reshape cross-chain digital asset trading.

Chris Miglino, CEO at DNA Fund, expressed pride in backing PACT SWAP, stating, “PACT SWAP represents a leap forward for decentralized trading. We’re proud to back the project as they bring this vision to life, and thrilled to have Brock, Scott, and Toby join the founding masthead.” Stephen Morris, CEO of PACT SWAP Labs, added, “Most cross-chain DEXs still rely on outdated models like bridges and validators. PACT SWAP introduces a fundamentally new approach—scalable, cost-efficient, composable, and secure by design. Moving into live production and partnering with DNA is a major step toward redefining how digital assets are traded.”

The live production rollout includes swap functionality for BTC, TRX, BNB, ETH, and USDT (TRC20, BEP20, ERC20) with a $20,000 trading cap. Integrations with key ecosystem partners are already in progress, and a full public launch is expected in the coming months.

PACT SWAP is a next-generation cross-chain DEX that enables seamless trading of native assets like Bitcoin and Tron across incompatible chains without the need for bridges, wrapped tokens, or external validators. Built on Coinweb’s modular execution layer, PACT SWAP delivers up to 95% lower fees than existing cross-chain protocols and supports permissionless token listings, high composability, and near-instant finality. Designed for both retail and institutional users, it redefines cost-efficiency and security in decentralized trading.