According to Foresight News, BNB Chain released a report announcing the distribution of BTCB in various DeFi protocols on BNB Chain. Data showed that Solv protocol attracted more than 10,000 BTCB, ranking first and becoming the protocol with the highest BTCB holdings.

SolvBTC is a Bitcoin reserve launched by the Solv protocol. It currently has 150,000 users on BNB Chain and is integrated with DeFi protocols such as PancakeSwap, DODO, and Avalon. Solv has opened a cross-chain scenario for SolvBTC, allowing it to flow into the Ethereum mainnet, Scroll, Core and other ecosystems. Solv's investors include institutions such as Binance Labs, Blockchain Capital and Nomura Securities.