📣We are announcing that we have raised a total of $25 million to pave the way for mass adoption of Bitcoin staking, powered by our recently launched Staking Abstraction Layer (SAL).

✹Current Results: A Strong Foundation for Growth

đŸ”č $25 Million Total Funding: A major milestone in our journey.

đŸ”č 20,000 BTC Staked: Approximately $1.3 billion in Total Value Locked (TVL).

đŸ”č 400,000 Users: Expanding our community and driving adoption.

đŸ”č 80% of SolvBTC Allocated to Yield-Generating Strategies: Demonstrating the broad adoption of SolvBTC.

💾The State of Bitcoin

Despite a $1.2 trillion market cap, Bitcoin faces significant challenges:

đŸ”č No Local Yield

đŸ”č Fragmented BTC Liquidity in DeFi

đŸ”č Limited Integrations with Core DeFi Primitives

What’s Next❓

As we launch more products within the SAL framework, we’re paving the way for mass adoption of Bitcoin staking.

đŸ–„Learn more: https://solvprotocol.medium.com/solv-protocol-raises-25m-in-total-funding-driving-mass-adoption-of-bitcoin-staking-with-sal-893c5d419c90

đŸ§”https://x.com/SolvProtocol/status/1845799371318976853