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Solv Protocol Raises $11M to Boost Bitcoin Staking With SAL Tech

  • Solv Protocol raised $11 million to develop its Staking Abstraction Layer (SAL) technology.
  • The funding round brought Solv Protocol's valuation to $200 million and its total funding to $25 million.
  • SAL aims to simplify Bitcoin staking and improve yield generation, addressing Bitcoin's limitations in DeFi.
  • Investors like Laser Digital, OKX Ventures, and CMT Digital participated in the funding round, showing institutional confidence in Solv Protocol.

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