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News

UTXO Stack Funding Completes Series A Round Valued at $50M

1 hours ago - Around 2 mins mins to read

Key Points:

  • UTXO Stack funding reached a $50M valuation during Series A, co-invested by UTXO Management, CMS, and PAKA.
  • UTXO Stack plans large BTC liquidity airdrops and a Lightning Network mainnet launch in early 2025.
UTXO Stack funding successfully completed its Series A round at a $50M valuation, paving the way for major BTC liquidity airdrops and a Lightning Network mainnet launch.
UTXO Stack Funding Completes Series A Round Valued at $50M

UTXO Stack Funding $50 Million for UTXO Stack’s Future Growth

An important step in its cryptocurrency expansion, UTXO Stack won $50 million in Series A funding. UTXO Management, CMS, and PAKA are key this round because they believe in the project’s long-term potential. With this financing, UTXO Stack can scale its Lightning Network improvements, BTC liquidity, and technical advancements. This support sets the project ready for large-scale airdrops and ecosystem expansion.

This funding will help UTXO Stack grow and become a blockchain ecosystem leader. Funding will assist the team expand infrastructure, user base, and liquidity staking. UTXO Stack’s clear future vision and wise use of this money reveal its ability to disrupt the Lightning Network and further industry progress, according to Wenweipo.

Read more: Trezor Puts Privacy First By Refusing Coinjoin UTXOs

Mainnet Launch of the CKB Lightning Network Fiber Network

After crowdfunding, UTXO Stack is preparing for the mainnet launch of the CKB Lightning Network Fiber Network, which will boost Lightning Network scalability. In the BTC ecosystem, this launch should improve efficiency and liquidity. To address scale challenges and improve Lightning Network consumer experiences, the Fiber Network was created. The network’s capacity will increase transaction speed and liquidity.

To assist the token reach a wider market, UTXO Stack plans to finish its Token Generation Event (TGE) in Q1 2025. UTXO Stack’s TGE will expand investor and player options for BTC liquidity and staking on the Lightning Network. As the platform nears this milestone, the community and stakeholders are eager for its formal release, which will boost the crypto industry.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Bitcoin

Lightning Network

Stack

UTXO

Author

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.
News

UTXO Stack Funding Completes Series A Round Valued at $50M

Key Points:

  • UTXO Stack funding reached a $50M valuation during Series A, co-invested by UTXO Management, CMS, and PAKA.
  • UTXO Stack plans large BTC liquidity airdrops and a Lightning Network mainnet launch in early 2025.
UTXO Stack funding successfully completed its Series A round at a $50M valuation, paving the way for major BTC liquidity airdrops and a Lightning Network mainnet launch.
UTXO Stack Funding Completes Series A Round Valued at $50M

UTXO Stack Funding $50 Million for UTXO Stack’s Future Growth

An important step in its cryptocurrency expansion, UTXO Stack won $50 million in Series A funding. UTXO Management, CMS, and PAKA are key this round because they believe in the project’s long-term potential. With this financing, UTXO Stack can scale its Lightning Network improvements, BTC liquidity, and technical advancements. This support sets the project ready for large-scale airdrops and ecosystem expansion.

This funding will help UTXO Stack grow and become a blockchain ecosystem leader. Funding will assist the team expand infrastructure, user base, and liquidity staking. UTXO Stack’s clear future vision and wise use of this money reveal its ability to disrupt the Lightning Network and further industry progress, according to Wenweipo.

Read more: Trezor Puts Privacy First By Refusing Coinjoin UTXOs

Mainnet Launch of the CKB Lightning Network Fiber Network

After crowdfunding, UTXO Stack is preparing for the mainnet launch of the CKB Lightning Network Fiber Network, which will boost Lightning Network scalability. In the BTC ecosystem, this launch should improve efficiency and liquidity. To address scale challenges and improve Lightning Network consumer experiences, the Fiber Network was created. The network’s capacity will increase transaction speed and liquidity.

To assist the token reach a wider market, UTXO Stack plans to finish its Token Generation Event (TGE) in Q1 2025. UTXO Stack’s TGE will expand investor and player options for BTC liquidity and staking on the Lightning Network. As the platform nears this milestone, the community and stakeholders are eager for its formal release, which will boost the crypto industry.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.