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Solv Protocol Bitcoin Asset Management Exceeds 8,000 BTC, Setting a New All-Time High

Solv Protocol Bitcoin Asset Management Exceeds 8,000 BTC, Setting a New All-Time High

CointimeCointime2024/04/22 11:10
By:Cointime

Solv Protocol's fully linked SolvBTC Bitcoin asset launched two weeks ago and has since been added to Arbitrum, Merlin Chain, and BNB Chain. The BTC collateral on the Solv platform has exceeded 8,000 BTC (about $530 million), and the TVL has exceeded $600 million, officially becoming a DeFi protocol ranked in the top 50 by TVL. Solv Protocol's investors include Binance Labs, Blockchain Capital, and Nomura Securities. In addition, Solv is conducting a double points week on the BNB chain, providing users with additional point rewards.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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