The Lightning Network liquidity staking protocol UTXO Stack has completed its Series A funding round at a valuation of $50 million. The round was co-invested by UTXO Management, CMS, and PAKA. Previously, the project completed a seed funding round co-led by ABCDE Capital and SNZ Capital, with participation from OKX Ventures and others.UTXO Stack is set to launch its first-ever large-scale airdrop incentive program for BTC liquidity within the Lightning Network in early January 2025. This will be followed by the mainnet launch of the CKB Lightning Network Fiber Network, with the TGE expected to be completed in Q1 2025.