Animoca Brands Japan has partnered with Solv Protocol to promote the adoption of Bitcoin by enterprises

According to 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 listed entities that "hold a large amount of BTC."

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