Animoca Brands partners with Solv Protocol to help large Bitcoin holders in Japan generate yield. The collaboration targets corporations and listed entities with significant Bitcoin treasuries to create new revenue streams. Solv offers 4-12% annual Bitcoin yield through lending, liquidity provisioning, and staking. The protocol aims to provide secure and compliant treasury solutions to forward-thinking Japanese corporations.
Metaplanet has the largest Japan-based Bitcoin treasury among 11 public companies. Metaplanet holds approximately 30,823 Bitcoin, making it the fourth-largest listed Bitcoin treasury globally. Nexon, a South Korean video game developer headquartered in Japan, holds 1,117 Bitcoin, while Remixpoint, a consulting services company, ranks third. Mt. Gox, the collapsed exchange, still holds over 34,000 tokens despite going bankrupt in 2014.
Read more at Cointelegraph: Solv Partners with Animoca Brands to Unlock Bitcoin Yield for Japan Firms
