Solv Protocol raised $11 million to develop its Staking Abstraction Layer, simplifying Bitcoin staking and boosting yield opportunities.
Solv Protocol addresses Bitcoin’s programmability limitations, unlocking new possibilities for staking, liquidity, and decentralized finance integration.
The recent strategic funding round of $11 million by Solv Protocol has raised its entire valuation to $200 million and brought its general funding to $25 million.
The Staking Abstraction Layer (SAL), a major advancement meant to simplify Bitcoin staking and improve yield generation for customers, will be much advanced with the help of the raised fund.
By creating new options in staking, liquidity management, and yield chances inside decentralized finance (DeFi), this creative layer solves one of Bitcoin’s most recurring problems—its limited programmability.
2/ The State of Bitcoin
Despite its $1.2 trillion market cap, Bitcoin faces key challenges: No Native Yield Fragmented BTC Liquidity in DeF

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