Jiuzi Holdings Unveils $1 Billion Bitcoin Treasury with SOLV

Jiuzi Holdings, Inc., based in Hangzhou, China, has announced the launch of a $1 billion Bitcoin treasury in partnership with SOLV Foundation. This initiative focuses on Bitcoin staking and yield products, creating a decentralized finance (DeFi) gateway for global institutions. Jiuzi aims to position itself as a compliant and scalable entry point for institutions interested in DeFi innovation.

The company will allocate up to 10,000 Bitcoins into SolvBTC.BNB, SOLV's flagship vault on the BNB Chain. These assets will be secured with institutional risk controls, including real-time proof-of-reserves, and integrated with top DeFi protocols. This collaboration is aligned with global regulatory standards and aims to offer institutional investors Bitcoin exposure without custody risks.

Executives from both Jiuzi and SOLV stressed the importance of their partnership in bridging traditional finance and DeFi, emphasizing trust and security. This alliance serves as a blueprint for institutional Bitcoin adoption, promising significant value creation.