Overview
- ZNB shares jumped about 200% in premarket trading to roughly $5.05 after the partnership was announced.
- Zeta will deposit its Bitcoin on SOLV under a regulated third-party custodian to increase transparency, security and auditability.
- A joint steering committee will push SolvBTC adoption across Solana, Base and TON and pursue tokenized real-world assets and structured yield offerings.
- The collaboration calls for joint white papers and research into corporate Bitcoin utilization, staking strategies and structured finance.
- SOLV is described as a $2.5 billion TVL multi-chain platform as both parties stress SEC and Nasdaq compliance, with the release noting forward-looking execution and regulatory risks.