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The Solv crypto platform is a cross-chain Bitcoin liquid staking protocol with its own liquid staking token, solvBTC. It enables users to stake $BTC on its platform across seven different chain networks to receive solvBTC LST in exchange. SolvBTC can be contributed to multiple restaking or delta-hedging protocols while maintaining ownership of those funds in the form of vault-specific LSTs like solvBTC.ENA or solvBTC.BBN.
On January 27th, 2022, the Solv crypto project closed a strategic funding round led by Binance Labs. Traditionally, Binance Labs did not disclose the amount of funds invested during the round.