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UXLINK Ecological Fund UFLY Labs announced an investment in the Bitcoin protocol Solv Protocol and reached a strategic cooperation.
According to Mars Finance, on April 21, Solv Protocol is committed to becoming the preferred entry point for institutional-level Bitcoin funds into the DeFi space. As one of the largest protocols in the Bitcoin ecosystem, Solv has built one of the largest Bitcoin reserves globally, managing over $2 billion in Bitcoin assets, highlighting its core position in the Bitcoin ecosystem. Solv is increasingly becoming a key bridge connecting TradFi with the Web3 world, facilitating the efficient circulation of Bitcoin assets. Through this strategic partnership, UXLINK and Solv will leverage their respective strengths to jointly promote the large-scale application process of the encryption industry, accelerating the secure and efficient entry of trillion-dollar-level traditional liquidity into the Web3 world.