Solv Protocol announced a strategic partnership with institutional-level crypto asset custody service provider Ceffu and Bitcoin staking protocol Babylon to jointly create a better Bitcoin staking solution for SolvBTC users.
In this collaboration, Solv and Ceffu jointly built a solution and took the lead in successfully integrating the Babylon protocol in the Ceffu MPC custody wallet. This is the first time that the Babylon protocol has been successfully applied to this secure environment, greatly improving the security of SolvBTC.BBN assets and providing users with more convenient and secure liquidity staking services. As the Babylon LST with the strongest consensus in the current market, SolvBTC.BBN has been integrated with more than 10 public chains and DeFi.