The Bitcoin staking platform Solv Protocol has completed a $11 million financing round, with participation from OKX Ventures and others

2024-10-14 20:02:31

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ChainCatcher news, the Bitcoin staking platform Solv Protocol has completed a $11 million financing round at a valuation of $200 million, with participation from companies such as Laser Digital, Blockchain Capital, and OKX Ventures.

According to RootData, Solv is a decentralized Bitcoin reserve protocol that unlocks the full potential of Bitcoin assets through liquidity consensus infrastructure. By addressing the fragmentation of BTC assets, yield opportunities, and custodial solutions, Solv provides Bitcoin holders with a gateway to BTCFi, continuously establishing pathways and confidence for traditional funds to enter the cryptocurrency world.

Previous news reported that in August 2023, Solv Protocol completed a $6 million financing round, with participation from Laser Digital, Bytetrade Labs, and others.

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Solv Protocol Decentralized Bitcoin Reserve