#BlockchainNews# Yesterday, the Bitcoin liquidity protocol Solv Protocol launched a new liquidity staking token SolvBTC.BBN on multiple networks, including Ethereum, Arbitrum, BNB Chain and Merlin Chain. After only 14 hours online, the first minting quota of 500 SolvBTC was sold out, and sales are now suspended pending the opening of the second phase. This token is jointly launched by Solv and Babylon, aiming to allow Bitcoin users on different networks to participate in Bitcoin staking, obtain liquidity through SolvBTC.BBN, and then obtain more benefits in multiple DeFi ecosystems. Solv Protocol's investors include well-known institutions such as Binance Labs, Blockchain Capital and Nomura Securities, and the current TVL has exceeded US$1.1 billion. What do you think of this news? Feel free to share your thoughts in the comment section! 👇