CoinVoice has recently learned that the Bitcoin staking platform Solv Protocol has completed US$11 million in financing, with participation from companies such as Laser Digital, Blockchain Capital and OKX Ventures, and a valuation of US$200 million.
According to RootData, Solv is a decentralized Bitcoin reserve protocol that unlocks the full potential of Bitcoin assets through a liquid consensus infrastructure. By addressing the fragmentation, yield opportunities, and custody solutions of BTC assets, Solv provides Bitcoin holders with a gateway to BTCFi, continuously building pathways and confidence for traditional funds to enter the world of cryptocurrency.
Previously, it was learned that in August 2023, Solv Protocol completed a $6 million financing, with Laser Digital, Bytetrade Labs and others participating in the investment [Original link]
