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Market
Will Solv Protocol announce a new strategic partnership by February 28, 2025?
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Resolution / Starting Odds
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Official announcements from Solv Protocol or press releases
Story
Solv Protocol Raises $11M at $200M Valuation to Expand $1.3B Bitcoin Staking Platform
Oct 14, 2024, 01:28 PM
Solv Protocol, a pioneering Bitcoin staking platform, has completed an $11 million strategic funding round, valuing the company at $200 million and bringing its total funding to $25 million. The new capital will be used to expand Solv's Staking Abstraction Layer (SAL), which aims to improve Bitcoin liquidity. Major participants in the funding round include Nomura subsidiary Laser Digital, Blockchain Capital, OKX Ventures, and others. Since launching in April 2024, Solv has attracted over 21,000 BTC staked, worth approximately $1.3 billion, and has amassed more than 400,000 users.
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Gaming Company • 25%
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