#USA #New York #Bitcoin Finance #Zeta Network Group #SOLV Foundation

Zeta Network Group Forms Strategic Alliance with SOLV Foundation

Zeta Network Group (NASDAQ: ZNB) has recently announced a significant milestone in its journey towards becoming a leader in Bitcoin-focused finance. The company has entered into a Strategic Partnership Agreement with SOLV Foundation, a multi-chain Bitcoin staking platform that boasts a total value locked (TVL) of $2.5 billion across its operations on Binance, Base, and Solana. This collaboration emphasizes Zeta's ambition to solidify its role in the burgeoning digital asset finance space, particularly in Bitcoin.

Key Aspects of the Partnership

Bitcoin Treasury Strategy

The partnership is centered around a robust Bitcoin Treasury Strategy. Zeta Network Group aims to leverage SOLV's platform to maximize the efficiency of its Bitcoin holdings. The assets held by Zeta and its subsidiaries will be deposited into SOLV’s platform, safeguarded by an external custodian that meets both regulatory standards and company approvals. This arrangement ensures a transparent, secure, and institutionally auditable custody process for Zeta’s Bitcoin assets.

Joint Steering Committee

To spearhead transformative initiatives in decentralized finance, a Joint Steering Committee will be formed. This committee will consist of high-level representatives from both Zeta and SOLV, focusing on the implementation and adoption of SolvBTC on platforms like Solana, Base, and Ton. By spearheading creative financial models such as tokenized real-world assets and structured yield products, the committee aims to redefine the landscape of Bitcoin-centric finance.

Research and Innovation Initiatives

The partnership signifies a commitment to innovation and research. Together, Zeta and SOLV plan to collaborate on joint technical reports, market analyses, and research initiatives that delve into corporate Bitcoin usage, staking strategies, structured finance products, and the tokenization of real-world assets. This collaborative research effort will not only enhance understanding but will also set standards for Bitcoin finance.

Vision for the Future

Reflecting on the shared vision of establishing Zeta as a Bitcoin-centric financial organization, both entities aim to merge Zeta’s Bitcoin treasury with innovative digital asset strategies. By tapping into SOLV’s expertise in liquidity aggregation and Bitcoin staking, Zeta intends to provide institutional stakeholders with an unparalleled exposure to Bitcoin, while also enhancing capital efficiency within a regulated framework.

Samantha Huang, CEO of Zeta Network Group, remarked, "This partnership marks a transformative step for the company, reinforcing our Bitcoin treasury strategy and aligning us with one of the most advanced platforms in the Bitcoin liquidity and staking ecosystem."

Ryan Chow, CEO of SOLV, added, "Our collaboration with Zeta propels SOLV onto the international stage as an institutional gateway to on-chain finance. With $2.5 billion in TVL supporting SolvBTC across multiple chains, we are revolutionizing Bitcoin management through optimized returns and cross-chain liquidity transparency in accordance with Sharia law. This partnership addresses traditional compliance and market depth concerns, paving the way for global institutions to seamlessly adopt digital asset finance."

Conclusion

The announcement comes with a forward-looking statement cautioning investors. It indicates that the venture entails inherent risks and uncertainties that could lead to actual outcomes differing significantly from expressed expectations. Stakeholders are encouraged to consider these statements as they navigate the landscape influenced by regulatory, economic, and competitive factors.

Together, Zeta Network Group and SOLV Foundation’s partnership is poised to redefine what’s possible in Bitcoin finance, ultimately leading to enhanced opportunities and growth for both organizations in the ever-evolving digital finance world.

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Investors are advised to not rely too heavily on these forward-looking statements.