BlockBeats news, on October 14, CoinDesk reported that the Bitcoin staking protocol Solv Protocol completed $11 million in financing at a valuation of $200 million, with participation from Nomura Holdings subsidiary Laser Digital, Blockchain Capital and OKX Ventures.
Solv Protocol's SolvBTC product has deployed more than 20,000 BTC (about $1.3 billion) for staking on 10 major blockchain networks.