Solv Protocol, a leading Bitcoin staking platform, has announced a $11 million funding round led by Laser Digital, Blockchain Capital, and OKX Ventures, valuing the company at $200 million. Solv Protocol's wrapped BTC product, solBTC, has attracted significant interest, with over 20,000 BTC (valued at over $1.3 billion) currently staked. This funding will enable Solv Protocol to further develop its technology, expand its team, and enhance the security and accessibility of its platform. The investment underscores the growing demand for Bitcoin staking and highlights Solv Protocol's position as a key player in this space. The company's commitment to innovation and customer satisfaction positions it well for continued success in the rapidly evolving cryptocurrency market.

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