Web3 gaming giant Animoca Brands recently made a big move – joining forces with DeFi protocol Solv Protocol. This cooperation is aimed at Japanese companies that hold large amounts of Bitcoin, ready to help them revitalize the BTC lying on their accounts and earn income through decentralized finance.

To put it bluntly, Solv provides the underlying DeFi infrastructure, and Animoca is responsible for connecting institutional resources and enterprise customers. The target group is clear: those businesses and public companies that hold huge amounts of BTC. After all, if you hold Bitcoin in your hand, you can only expect the price to rise and fall, but if you can participate in staking and lending through DeFi protocols, you can get additional returns while holding coins.

This cooperation is actually quite interesting. Japanese companies have always been very receptive to cryptocurrencies, and many companies have BTC positions in their financial reports. Now that there are mature institutional-level solutions available, it may attract more traditional enterprises to use idle digital assets.