We're pleased to announce our partnership with Solv Protocol, launching its liquid staking token SolvBTC.CORE on CoreDAO. SolvBTC.CORE is a staked version of SolvBTC, a tokenized asset representing real yields on Bitcoin, specifically minted to drive liquidity on the Core Chain. This integration allows users to leverage SolvBTC on the Core Chain, accessing a wider range of dApps and earning opportunities.

Ceffu, as Solv's institutional custody partner, played a pivotal role in enabling the successful launch of its new token by providing a robust and secure infrastructure. 

This initiative marks a significant advancement in Bitcoin's utility within decentralized finance and affirms our mission to provide secure, institutional-grade crypto custody while helping clients maximize their digital assets' potential.

Introducing SolvBTC.CORE: A New Era of Bitcoin Staking

SolvBTC.CORE is an innovative Liquid Staking Token (LST) that offers a secure Bitcoin staking solution. As Solv's institutional custody partner, Ceffu provides the robust infrastructure required to securely store and manage Bitcoin assets. Our partnership allows institutional investors to safely stake their BTC from Ceffu's custody and generate yield through CORE, benefiting from the combined expertise of both companies in custody and staking. This collaboration enhances asset protection and yield generation for Bitcoin holders, delivering a comprehensive solution for institutional investors to participate in the Bitcoin economy.

Unparalleled Security with MPC-Based Custody

Ceffu's Co-Sign Wallet, powered by advanced multi-party computation (MPC) technology, provides the cornerstone of SolvBTC.CORE's robust security infrastructure. Users can benefit from increased capital efficiency and consistent returns, as their staked BTC generates real Bitcoin yields while remaining liquid and accessible: 

• Secure Bitcoin staking: Leveraging MPC, we ensure that private key shares are distributed across multiple geographically dispersed devices, eliminating the risk of a single point of failure. 

• Enhanced liquidity: SolvBTC.CORE offers seamless liquidity for Bitcoin holders on the CORE chain,  providing crucial liquidity infrastructure for the Bitcoin-powered finance (BTCFi) ecosystem.

"We're thrilled to partner with Solv Protocol to offer secure and efficient Bitcoin staking on the Core network. Our commitment to institutional-grade custody ensures our clients can stake with confidence, knowing their assets are protected while they earn real Bitcoin rewards." - Ian Loh, CEO, Ceffu

“Launching SolvBTC.CORE on the Core Network is a major milestone for us as we expand our Bitcoin staking solution. By partnering with Ceffu, we are offering our users an advanced staking solution with the security and yields they deserve, while also contributing to the decentralized growth of the Core network.” - Ryan Chow, Co-Founder, Solv Protocol

Not a Ceffu Client Yet?

SolvBTC.CORE marks a significant step forward in secure Bitcoin staking, yet it's only the beginning. We're continuously exploring strategic partnerships to enhance our offerings. Our commitment remains unwavering: to provide unparalleled security for our clients' digital assets while enabling access to the most innovative and rewarding opportunities in the crypto ecosystem.

Ready to unlock the potential of your Bitcoin? Contact us to learn more about how Ceffu’s custody and liquidity solutions can help drive your business forward, contact us using our institutional form.

We are audited 

Our solutions are ISO 27001 and 27701 certified, which assess an organization’s security and privacy controls respectively and ensure that all the right measures are implemented to safeguard our users. 

We are also SOC 2 Type 1 & 2 compliant, which attests to our cybersecurity controls at a single point in time. This qualification requires auditors to analyze how Ceffu safeguards customer data and how well those controls are operating over a period of time. 

About Solv Protocol

Solv Protocol is one of the the largest Bitcoin staking platforms, utilizing SolvBTC to unlock the full potential of over $1 trillion in Bitcoin assets. By providing a fully transparent Proof-of-Reserve, incorporating diverse reserve assets, and enabling access to Bitcoin Liquid Staking Tokens, Solv offers a comprehensive gateway to BTCFi, paving the way for traditional funds to confidently enter the crypto world.

About Ceffu

Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 & 27701 certified and SOC 2 Type 1 & Type 2 attested. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets.

Institutions also benefit from Ceffu’s secure gateway to a wide range of liquidity products within the Binance ecosystem as Binance’s institutional custody partner through MirrorX, its off-exchange settlement solution.

Media contact: pr@ceffu.com 

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