Solv Protocol announced the launch of an on-chain bitcoin reserve program with an initial scale of US$100 million, and plans to further expand the reserve scale in the future, aiming to become the largest on-chain bitcoin reserve. Solv said that the Trump camp’s interest in Bitcoin reflects Bitcoin’s gradual move towards compliance and institutional adoption. Through its on-chain Bitcoin reserves, Solv will provide support for the assettization of BTC on the chain and further promote the prosperity of the ecosystem on the chain.
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