Solv Protocol completes MiCA registration in the Netherlands, targets EU market

Uk Jin
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Summary

  • Solv Protocol said its native token SOLV has obtained a MiCA license through the Dutch financial authorities.
  • Solv Protocol said it will offer the SOLV token across 27 EU member states and list it on Bitvavo and Bitpanda.
  • Solv Protocol said it plans to expand BTCFi into real-world assets (RWA) such as tokenized government bonds and money market funds.
Photo=Solv Protocol
Photo=Solv Protocol

Bitcoin (BTC)-based on-chain yield reserve platform Solv Protocol said on the 21st that its native token, SOLV, has obtained a license under the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulation through the Dutch financial authorities. This enables Solv Protocol to offer the SOLV token across all 27 EU member states.

Alongside the MiCA registration, Solv’s native token SOLV is set to be listed on major European digital-asset exchanges Bitvavo and Bitpanda. Through these exchanges, retail and institutional investors in Europe will be able to access the SOLV token in a compliant environment.

Following the regulatory approval, Solv plans to expand Bitcoin finance (BTCFi) into real-world asset (RWA) areas such as tokenized government bonds and money market funds. Recently, it has been strengthening an on-chain, compliance-focused financial model by collaborating with BNB Chain to launch the ‘SolvBTC.RWA’ vault for institutional investors.

Ryan Chow, co-founder of Solv Protocol, said, “MiCA is a turning point that allows decentralized protocols to operate at institutional scale within a single regulatory framework,” adding, “We will make Bitcoin a productive yet compliant asset and drive its broader adoption across Europe’s financial markets.”

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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