Jiuzi Holdings, Inc. (NASDAQ: JZXN) has announced a significant partnership with the SOLV Foundation, a prominent Bitcoin finance platform managing over $2.8 billion in total value locked (TVL). The company plans to allocate up to $1 billion from its existing digital asset plan towards Bitcoin staking and yield products. This strategic move is designed to expand Jiuzi's Bitcoin framework and establish a compliant decentralized finance (DeFi) gateway for global institutions, positioning the company as a scalable entry point for institutional participation in DeFi.
Deployment of Bitcoin Assets
Jiuzi intends to deploy up to 10,000 Bitcoin into SolvBTC.BNB, which is SOLV's primary yield-bearing vault and the largest Bitcoin asset currently operating on the BNB Chain. The company emphasizes that all deployed assets will be secured under institutional risk controls. These assets will benefit from real-time proof-of-reserves audits conducted via Chainlink and will be integrated with leading DeFi protocols, including Venus, Lista, and Pendle.
Rationale for Partner Selection
The decision to select SolvBTC.BNB was driven by its substantial scale, dominance within its ecosystem, and adherence to global regulatory standards. The platform's consistent on-chain performance and robust security architecture make it the preferred vehicle for institutional capital seeking yield-bearing Bitcoin exposure. This approach aims to eliminate custody risks and intermediary friction often associated with traditional finance.
Executive Statements
Mr. Li Tao, CEO of Jiuzi Holdings, Inc., expressed his optimism about the collaboration, stating, "We believe this partnership is a powerful accelerator for achieving our vision of becoming the premier platform for global institutions to access Bitcoin and will unlock a clear path to immense value creation for our company and shareholders."
Ryan Chow, CEO of SOLV Foundation, highlighted the synergy between the two entities. He added, "Our strength lies in managing large-scale Bitcoin assets. This partnership allows us to 'translate' this capability into a language the traditional financial world can trust. Together, we are building a bridge of trust capable of securely carrying the future torrent of institutional capital."
Bridging Traditional and Decentralized Finance
This alliance brings together a Securities and Exchange Commission (SEC)-regulated NASDAQ-listed firm with a leading on-chain asset manager. The partnership aims to create a compliant blueprint for institutional Bitcoin adoption, effectively bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi).
About Jiuzi Holdings, Inc.
Jiuzi Holdings, Inc. (NASDAQ: JZXN) is a China-based company with a focus on sustainable energy and financial innovation. By utilizing its regulated corporate framework, Jiuzi is actively expanding into digital asset finance, aiming to provide compliant gateways for institutional investors seeking exposure to blockchain-based products.
About SOLV Foundation
Solv Protocol serves as the Operating Layer for Bitcoin, driving the $1 trillion Bitcoin Finance economy through lending, liquid staking, and high-efficiency yield products. The protocol's objective is to transform Bitcoin from a passive store of value into a productive and globally accessible financial-class asset.