UTXO Stack recently completed a Series A financing round, with a valuation reaching 50 million USD, jointly invested by UTXO Management, CMS, and PAKA. This protocol, focused on liquidity staking in the Lightning Network, plans to launch its first large-scale airdrop incentive program in early January 2025, aimed at enhancing BTC liquidity. 🌐

Additionally, UTXO Stack will synchronize its launch with the CKB Lightning Network Fiber Network mainnet, targeting liquidity airdrop incentives for CKB and RGB++ assets. This series of activities is expected to complete the TGE in the first quarter of 2025, marking the first TGE of the Lightning Network ecosystem. 📈

Previously, UTXO Stack completed a seed round of financing, attracting participation from several well-known investment institutions. 💼