Solv Protocol, a DeFi platform focused on Bitcoin, has teamed up with Animoca Brands Japan to expand institutional on-chain treasury services in Japan.
Under this initiative, Solv Protocol and Animoca Brands Japan will jointly serve corporates and listed entities “with large BTC treasuries,” according to a press release shared with The Defiant.
While Animoca Brands Japan will provide guidance on treasury practices, Solv Protocol will be offering institutional custody solutions powered by SolvBTC, a wrapped version of Bitcoin. The companies say this approach is meant to simplify the shift for organizations that are not familiar with crypto, offering a structured entry point into on-chain finance.
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