Solv Protocol, a leading onchain Bitcoin asset manager, today announced its expansion into The Canton Network, the privacy-enabled blockchain backed by a recent $135M funding round from Goldman Sachs, Citadel Securities, and others. Through this integration, Solv’s institutional-grade, 1:1 Bitcoin-backed wrapper, SolvBTC, will power BTC-backed borrowing, stablecoin trading, and RWA innovation across Canton’s growing ecosystem.
SolvBTC can be pledged as collateral across the Canton ecosystem to borrow additional assets. It builds on $605M in SolvBTC/xSolvBTC liquidity already powering more than $300M in active loans across venues such as Lista DAO and Venus on BNB Chain. This demand unlocks the opportunity for seamless, onchain lending across high-liquidity stablecoins such as USDT and USDC, extending collateral mobility across both digital-asset and traditional liquidity venues.
“Collateral mobility has always been central to Solv’s strategy, grounded in our belief that Bitcoin should flow across borders, systems, and economies,” said Ryan Chow, Co-founder of Solv Protocol. “As one of the first institutional BTC wrappers, SolvBTC empowers seamless collateral mobility across 19+ blockchains. Joining Canton, with its $4T+ RWA throughput and privacy-first design, unlocks a new frontier for yield and liquidity.”
Through the Global Synchronizer Foundation, Solv and Canton will collaborate with market makers to deploy cross-border yield and trading strategies. Those requiring scale and confidentiality, such as JPY–USD carry trades and exposure to Brazilian and Mexican T-Bills, can be executed fully onchain with institutional-grade auditability.
”Canton Network is excited to welcome Solv into the ecosystem, expanding the BTC asset base for various native DeFi products. Via integration with Canton’s solutions across privacy, compliance, controls, and scalability, Solv’s upcoming BTC assets and products will tap into growing the network’s institutional partner onchain activities - unlocking collateral mobility and RWA yield strategies - contributing to the conversion between TradFi and crypto,” said Melvis Langyintuo, Executive Director, Canton Foundation.
Together, Canton and Solv are laying the groundwork for institutional DeFi, where Bitcoin, stablecoins, and real-world assets can move securely across markets with full regulatory confidence.
About Solv Protocol
Solv Protocol, the onchain Bitcoin asset manager bridging TradFi, CeFi, and DeFi, is powering the next era of RWAfi through Bitcoin reserves. With over $2.8 billion in managed assets, Solv extends its proven BTCfi framework into RWAfi, creating efficient capital loops that connect institutional liquidity with tokenized real-world assets. Through SolvBTC and its five specialized LSTs (including SolvBTC.JUP and SolvBTC.BBN), Solv transforms Bitcoin into a productive institutional asset while powering stablecoin, credit, and RWA markets.
For more information, users can visit solv.finance.
About The Canton Network
The Canton Network is the only public, permissionless blockchain purpose-built for institutional finance, uniquely combining privacy, compliance, and scalability. Governed by the Canton Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. The open-sourced network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It’s the proven link between the promise of blockchain and the power of global finance, enabling finance to flow as it should.
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