In a recent funding round, Solv Protocol, a prominent player in Web3 liquidity infrastructure, successfully raised $6 million. The investment comes from notable participants such as Nomura Securities subsidiary Laser Digital, Dahua Venture, Mirana Ventures, Emirates Consortium, Matrix Partners, Apollo Capital, HashCIB, Geek Cartel, and Bytetrade Labs. The raised funds will be directed towards expanding the team and advancing technical development.

Zonff Partners stands as a seed investor in Solv Protocol.

Established in 2020, Solv Protocol has been dedicated to providing blockchain-based financial tools and a diversified asset management infrastructure for the crypto community. Their latest offering, Solv V3, introduces a new standard for on-chain fund issuance, streamlining efficient fund circulation through issuance, management, and settlement of on-chain funds. This enables fundraisers to achieve seamless fund circulation and offers professional asset management for investors. Fund managers can also build reputations and expand their businesses.

Since the launch of Solv V3 in Q2 2023, the platform has served over 25,000 users in the first few months, facilitating transactions exceeding $100 million.

"Solv V3 will focus on the RWA field and aims to introduce billions of dollars' worth of income-generating assets to the industry through our platform, preparing for the next phase of DeFi mass adoption," states Ryan Chow, CEO of Solv Protocol.

Olivier Deng from Nomura Securities comments, "Solv has constructed a trustless institutional DeFi platform, integrating brokers, underwriters, market makers, and custodians, creating the first financial infrastructure bridging DeFi, CeFi, and TradFi liquidity on the blockchain."

Solv Protocol remains committed to bridging the gap between traditional and decentralized finance, providing a secure and efficient on-chain fund solution for investors and fund managers.