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Versioning on Portfolio is a bit confusing; I've not managed to find any information about when the Jira Cloud version is going to be upgraded to use the new Portfolio V3 features.
Is there a roadmap/timeline for Jira Cloud's hosted Portfolio?
The latest update we have for Portfolio for Jira Cloud is from Jake Brereton on this article where he answered another community member that had the same question as you. The link redirects directly to his comment, please let me know if you face any issue in finding the right comment.