According to Wu, the Lightning Network liquidity staking protocol UTXO Stack has completed Series A funding with a valuation of 50 million USD, jointly invested by UTXO Management, CMS, and PAKA. The project previously completed seed round financing, led by ABCDE Capital and SNZ Capital, with participation from OKX Ventures. After this round of financing, UTXO Stack will launch its first large-scale airdrop incentive program targeting BTC liquidity within the Lightning Network in early January 2025. Subsequently, it will coordinate with the launch of the CKB Lightning Network Fiber Network mainnet to provide liquidity airdrop incentives for CKB and RGB++ related assets. The TGE is expected to be completed in Q1 2025.