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Congrats to @SolvProtocol on the additional $11M in funding, bringing their total to $25M raised! The future of Bitcoin staking is NOW, and live on Solv 🤝🏾 https://t.co/mQeW5ARf3W
❗️@SolvProtocol raised $11 million to grow its $1.3 billion @Bitcoin staking protocol Investors in the round include @LaserDigital_, Blockchain Capital, Gumi Cryptos, @OKX_Ventures, and CMT Digital. #BTC #USDT https://t.co/OVCQZymIUI
🎉 Huge congratulations to @SolvProtocol on their incredible $25M fundraising milestone and their Staking Abstraction Layer (SAL) launch for Bitcoin staking!🚀 We're proud to have supported this project for 3 years and excited to see BTC staking enter a new era.🙌 #BTCFi #Bitcoin https://t.co/vNHRMzLXST
Solv Protocol, a Bitcoin staking platform, has successfully raised $11 million in a strategic funding round, bringing its total funding to $25 million. This latest round, which values the company at $200 million, saw participation from notable investors including Nomura subsidiary Laser Digital, Blockchain Capital, and OKX Ventures. The new capital will be utilized to expand Solv Protocol's Staking Abstraction Layer (SAL). Since its launch in April 2024, Solv has staked over 21,000 BTC and attracted more than 400,000 users. The platform, part of the $1.3 billion Bitcoin staking protocol, aims to revolutionize Bitcoin liquidity through its innovative staking solutions.