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Solv Protocol - Undisclosed
Overview
Funding Date
August 1, 2023
Financing amount
$6M
Valuation
--
Catagory
Subcategory
About Solv Protocol - Undisclosed
Singapore-based on-chain fund protocol Solv Protocol has raised $6 million in a new funding round. Investors in the round included Laser Digital, a subsidiary of Japanese banking giant Nomura Securities. Other investors in the round included UOB Venture Management, Mirana Ventures, Emirates Consortium, Matrix Partners, Apollo Capital, HashCIB, GeekCartel and Bytetrade Labs.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 28 | -- | ||
| Fund | Singapore | -- | 38 | -- | ||
| Fund | -- | -- | 84 | -- | ||
| Corporate | Unknown | -- | 2 | -- | ||
| Fund | United States of America | 1977 | 21 | -- | ||
| Fund | Australia | 2017 | 19 | henrik@apollocap.io | ||
| Fund | Russian Federation | 2018 | 9 | info@hashcib.com | ||
| Fund | Singapore | -- | 10 | -- | ||
| Lab | Unknown | -- | 6 | -- |
Founders & Team
Mike Meng
Ryan Chow
Will Wang
Company Profile / Project Introduction
Solv is pioneering a Decentralized Bitcoin Reserve, aimed at unlocking the full potential of over $1 trillion in Bitcoin assets through a liquidity consensus infrastructure. By addressing the fragmentation of BTC assets, providing yield opportunities, and offering compliant custody solutions, Solv is creating a comprehensive gateway to BTCFi, and also paving the way for traditional funds to confidently enter the crypto world.