Animoca, Solv to help Japanese Bitcoin companies generate yield
Summary
Web3 gaming company Animoca Brands has teamed up with the decentralized finance platform Solv Protocol to enable large Bitcoin holders in Japan, specifically corporations and listed entities with significant BTC treasuries, to generate yield from their assets. The collaboration leverages Solv’s infrastructure and Animoca Brands’ institutional network. Kensuke Amo, CEO of Animoca Brands Japan, stated the goal is to transform Bitcoin from a static asset into a revenue engine for corporate growth. The venture will use Solv’s universal Bitcoin-backed wrapper to offer an annual percentage yield ranging from 4% to 12%, generated through lending markets, AMM liquidity provisioning, and structured staking programs. Ryan Chow, CEO of SOLV, emphasized that this expansion aims to deliver secure, compliant, and high-yield treasury solutions to forward-thinking Japanese corporations. Currently, Metaplanet holds the largest Bitcoin treasury among Japan-based public companies.
(Source:Cointelegraph)