PANews December 19 news, UTXO Stack announced the completion of a new round of financing led by UTXO Management, PAKA Fund, and CMS Holdings, with a valuation of 50 million USD. This financing will be used to accelerate liquidity development for the Lightning Network, introduce stablecoins to the Bitcoin ecosystem, and plans to launch a Bitcoin liquidity provider airdrop incentive in early January 2024, while also conducting the first token generation event (TGE) on the Lightning Network.