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Solv Protocol

25 known investors

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Blockchain protocol building a decentralized Bitcoin reserve and on-chain fund infrastructure, with SolvBTC as its native token.

Also known as Solv · SolvBTC

Founders & leadership

RCRyan C.
Ryan C.Founder & CEOFounder at Solv Protocol DeFi

Investors · 25

gumi Cryptos Capital (gCC)reportedSan Mateo

How we know: a partner's Signal profile · the VCSheet dataset · Not right? Tell us

Also in the syndicate · 4

Bytetrade LabsGeek CartelHashCIBSfermion

Key figures

latest reported
Trading activity enabled by Solv V3 in first quarter after launchAug 2023$100M
Users served by Solv V3 in first quarter after launchAug 202325,000 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Jul 2024
SOLV airdrop campaign with OKX Web3 wallet

A 12.6 million SOLV token airdrop campaign in which participants completing tasks received tokens and shared in a prize pool.

source ↗

Jun 2024
SOLV airdrop campaign with Binance Web3 wallet

Solv Protocol and the Binance Web3 wallet launched a 150,000 SOLV token airdrop campaign aimed at onboarding users to Bitcoin-based DeFi.

source ↗

Aug 2023
$6 million raise announced

Solv Protocol announced it had raised an additional $6 million from investors including Laser Digital (part of Nomura), UOB Venture Management, Mirana Ventures, Emirates Consortium, Matrix Partners, Bing Ventures, Apollo Capital, HashCIB, Geek Cartel and Bytetrade Labs.

$6M source ↗

Jan 2023
Solv V3 released

Solv V3, a decentralized on-chain fund platform with standards for fund issuance, trading and clearing, was released in the second quarter of 2023.

source ↗

Jul 2021
Bond Voucher launched

Solv released an upgraded voucher product representing tokens locked in NFTs, allowing users to mint and manage those NFTs.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Solv Protocol do?
Blockchain protocol building a decentralized Bitcoin reserve and on-chain fund infrastructure, with SolvBTC as its native token.
Who founded Solv Protocol?
Solv Protocol was founded by Ryan C..
Who are Solv Protocol's investors?
Solv Protocol's investors include Alliance DAO (ex DeFi Alliance), BitDAO, Blockchain Capital, F-Prime Capital, Fermion, Fourth Revolution Capital (4RC), GeekCartel, gumi Inc and 13 more.