Solv Protocol operates a bitcoin staking and structured-product platform designed to help institutions gain exposure to BTC through its Bitcoin Reserve Offering (BRO). The BRO blends features of traditional convertible bonds with crypto-native mechanics, letting investors hold a tokenized claim on bitcoin that Solv actively deploys into yield-generating strategies. Funds placed in the reserve are staked into liquid-staking tokens and allocated across decentralized finance (DeFi) protocols, real-world-asset pools and other institutional finance products, aiming to keep the reserve productive rather than idle. Inspired by MicroStrategy’s large BTC treasury, Solv positions BRO as an “on-chain MicroStrategy” model that removes the burden of direct bitcoin custody for institutional allocators. The company’s current plan is to grow this reserve to $100 million in BTC. With its recent $10 million raise, Solv begins seeding that target while demonstrating early institutional interest in its structure. No specific operating metrics such as revenue or user counts were disclosed in the article.

Total raised

$25M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2025