UTXO Stack Secures $50 Million Valuation UTXO Stack, a bitcoin-based liquidity staking protocol, has announced a $50 million valuation in its Series A funding round. The funding was led by UTXO Management, CMS Holdings, and PAKA. Token Generation Event UTXO Stack is set to launch its airdrop incentive program in January 2023. The token generation event (TGE) is expected to take place in Q1 2023. About UTXO Stack UTXO Stack is a liquidity staking protocol built on the Bitcoin Lightning Network. It allows users to earn rewards by staking their bitcoin while retaining access to their funds. Impact of the Funding The funding will allow UTXO Stack to expand its team, develop its technology, and market its platform. The company is aiming to become a major player in the bitcoin staking industry.