Jiuzi Holdings Unveils $1 Billion Bitcoin Treasury Partnership with SOLV
Jiuzi Holdings Partners with SOLV Foundation for Bitcoin Treasury
In a groundbreaking move, Jiuzi Holdings, Inc. (NASDAQ: JZXN) has announced its partnership with SOLV Foundation, a leading Bitcoin financing platform. This collaboration is set to introduce a Bitcoin treasury valued at $1 billion, aimed at boosting institutional returns and fostering innovation in the realm of real assets.
The Strategic Partnership
Jiuzi's partnership with SOLV Foundation marks a significant leap in the company's strategy to incorporate Bitcoin into its asset management practices. SOLV, known for managing an impressive Total Value Locked (TVL) exceeding $2.8 billion, will allocate up to $1 billion from its digital asset plan for Bitcoin staking and yield products. This initiative not only expands Jiuzi's Bitcoin framework but also creates a seamless gateway for international institutions to engage in decentralized finance (DeFi) operations.
Jiuzi intends to deploy about 10,000 Bitcoin into SolvBTC.BNB, SOLV's flagship vault, recognized as the largest Bitcoin asset on the BNB Chain. These assets will benefit from rigorous institutional risk controls, with real-time reserve proofs audited through Chainlink. The integration of these assets into prominent DeFi protocols like Venus, Lista, and Pendle further cements this partnership's innovative edge.
Why SOLV and Jiuzi?
The decision to partner with SolvBTC.BNB stems from its unmatched scale, ecosystem dominance, and adherence to global regulatory standards. With outstanding on-chain performances and fortified security architecture, SolvBTC.BNB presents itself as the premier instrument for institutional capital seeking exposure to Bitcoin without risks associated with custody or intermediary friction.
Li Tao, CEO of Jiuzi Holdings, expressed optimism about this collaboration, stating, "We believe this partnership serves as a substantial accelerator towards our goal of becoming the primary Bitcoin access platform for global institutions. It paves the way for immense value creation for our business and shareholders."
Meanwhile, Ryan Chow, CEO of SOLV Foundation, underscored the partnership's potential, mentioning, "Our strength lies in managing Bitcoin assets at scale. This alliance enables us to 'translate' that capability into a language understood by the traditional financial world. Together, we are constructing a bridge of trust that can safely accommodate the upcoming flow of institutional capital."
Bridging TradFi and DeFi
This alliance not only showcases the synergy of a NASDAQ-listed enterprise regulated by the SEC and a leading on-chain asset manager but also serves as a blueprint for institutional Bitcoin adoption. By linking Traditional Finance (TradFi) and DeFi, Jiuzi and SOLV are set to redefine the landscape of compliance and asset management in the cryptocurrency space.
About Jiuzi Holdings, Inc.
Jiuzi Holdings is a prominent Chinese enterprise focusing on sustainable energy and financial innovation. With its regulated organizational framework, Jiuzi is expanding into digital asset financing to provide compliant gateways for institutional investors seeking exposure to blockchain-based products.
About SOLV Foundation
SOLV Protocol operates as the underlying layer for Bitcoin, fueling a financial economy worth $1 billion through lending, liquidity staking, and high-yield products. Through this protocol, Bitcoin transcends its role as a mere passive store of value, evolving into a productive financial asset accessible globally.
In summary, the partnership between Jiuzi Holdings and SOLV Foundation heralds a new era in Bitcoin treasury management, characterized by innovation, compliance, and robust investor returns. As they work to bring institutional frameworks to Bitcoin, both companies are set to play pivotal roles in the future of decentralized finance.