OKX Ventures announces investment in Bitcoin staking platform Solv Protocol

According to official sources, OKX Ventures announced an investment in the Bitcoin staking platform Solv Protocol, which will accelerate product development and expand its innovative staking abstraction layer (SAL) ecosystem. Its focus is on creating cutting-edge Bitcoin staking solutions, enhancing Bitcoin's role beyond value storage, and delving into decentralized finance (DeFi) and other application areas. As a leading Bitcoin staking platform, Solv Protocol provides comprehensive solutions through its staking abstraction layer (SAL) aimed at simplifying and standardizing Bitcoin staking across various blockchain ecosystems. SAL allows the creation of diverse Bitcoin staking assets, providing users with opportunities for staking, re staking, and DeFi strategies. So far, Solv has launched Babylon LST (SolvBTC. BBN) and CoreDAO LST (SolvBTC. BN) Core) and Ethena LST (SolvBTC. ENA).