Solv Protocol, On-chain Bitcoin Reserve, through LST, Raises $10M in Funding

March 14, 2025

Solv Protocol has raised $10 million to advance its Bitcoin Reserve Offering (BRO), a financial instrument designed to establish a $100 million BTC reserve. The initiative combines features of traditional convertible bonds with blockchain-based mechanisms to increase institutional participation in Bitcoin finance. The funds will be allocated to various yield-generating strategies, including liquid staking tokens and decentralized finance (DeFi) investments.

The BRO model provides institutions with a way to gain exposure to Bitcoin without directly purchasing or holding the asset. Inspired by MicroStrategy’s large-scale Bitcoin holdings, Solv's approach aims to offer a structured alternative for institutional investors seeking BTC-backed financial instruments. Rather than sitting idle, the BTC acquired through the reserve will be actively deployed across real-world assets (RWAs), institutional finance products, and DeFi applications, ensuring capital efficiency.

About Solv Protocol

Solv Protocol is a Bitcoin staking platform focused on facilitating institutional access to BTC finance. Through its Bitcoin Reserve Offering (BRO), the platform provides exposure to Bitcoin’s value while leveraging various investment vehicles for optimized yield generation.

Website: https://solv.finance/

X: @SolvProtocol

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.