Animoca Brands Japan partners with Solv Protocol to promote enterprise adoption of Bitcoin

According to ChainCatcher, as reported by The Defiant, Animoca Brands Japan, a subsidiary of Hong Kong Web3 game development and venture capital company Animoca Brands, has partnered with the decentralized Bitcoin staking protocol Solv Protocol to jointly provide services for enterprises and publicly listed entities that "hold large amounts of BTC".

Animoca Brands Japan will offer guidance on fund management, while Solv Protocol will provide institutional custody solutions based on SolvBTC (a wrapped version of Bitcoin). The report states that this move aims to simplify the transformation process for institutions unfamiliar with cryptocurrencies, offering companies a structured entry point into the on-chain finance sector.