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Solv Protocol
Series A Round
Past
01 Dec - 02 Dec 2021
Solv Protocol is a multichain Bitcoin staking protocol with its own liquid staking token, solvBTC. It allows users to deposit their Bitcoins in exchange for solvBTC tokens at a 1:1 ratio, which can be used in multiple DeFi applications across over seven different chain networks or staked in various restaking or neutral delta-hedging protocols .
Solv Finance will be powered by the native $SOLV token, the utility and economy of which have not been revealed by the team yet, but it will most likely play a major role in the platform's decentralization.
On December 1st, 2021, the company closed its $4M Series A funding round with participation from Blockchain Capital, The Spartan Group, and others.
CoinLaunch Score:
Last update:
High
09 Aug 2024
Solv Protocol - Series A Round Overview
start date:
01 Dec 2021
end date:
02 Dec 2021
price:
N/A
tokens for sale:
N/A
Raise:
$4,000,000
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
Blockchain Infrastructure
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