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Bitcoin staking platform Solv Protocol raises $11 million from Nomura subsidiary and others

Bitcoin staking platform Solv Protocol raises $11 million from Nomura subsidiary and others

Cointime2024/10/14 12:21
By: Cointime
BTC+0.52%

Solv Protocol, a Bitcoin staking platform, has secured $11 million in funding from investors including Laser Digital, Blockchain Capital, and OKX Ventures. The platform is part of a growing trend of staking protocols that aim to utilize the large amounts of capital held in BTC by putting it to work on other networks. Solv Protocol's valuation is now at $200 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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