UTXO Stack, a Lightning Network liquidity staking protocol, has completed its Series A funding round with a $50 million valuation.
Completion of Funding Round
UTXO Stack has completed its Series A funding round at a $50 million valuation, co-led by UTXO Management, CMS, and PAKA. Their previous seed round was successfully co-led by ABCDE Capital and SNZ Capital, with participation from CKB Eco Fund, OKX Ventures, and others.
Airdrop Plans
Building on this success, UTXO Stack plans to launch a significant airdrop incentive program in early January 2025 to boost BTC liquidity within the Lightning Network. Following this, they will collaborate with CKB's Fiber Network mainnet launch to implement liquidity airdrop incentives for CKB and RGB++ assets.
Upcoming Events in 2025
UTXO Stack is set to host its Token Generation Event (TGE) in Q1 2025, marking the first TGE within the Lightning Network ecosystem.
UTXO Stack is confidently moving towards realizing its plans, having completed a funding round and preparing to launch innovative programs and events in 2025.
