CandleFocus Solv Protocol partners with Soneium to expand BTC staking
2025-03-06
Author: Content Editor
Bitcoin staking platform Solv Protocol has partnered with Soneium, an Ethereum layer 2 blockchain backed by Sony Group, to bring BTC staking to the network. Through this integration, SolvBTC holders can stake their assets, earn rewards, and access cross-chain liquidity within the Soneium ecosystem. Additionally, SolvBTC Liquid Staking Tokens will enable advanced yield strategies for Bitcoin users. Soneium, which was launched in August 2024, has gained traction in DeFi with a total value locked of $45 million across 19 dApps. This partnership aims to further expand the use of Bitcoin in DeFi and suggests that more developments are on the way.
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