Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
Draw now for your chance to win an iPhone 16 Pro Max and exclusive merch!
👉 https://www.gate.com/activities/pointprize?now_period=11
🎁 100% win rate! Complete simple tasks like posting, liking, commenting in Gate Post to enter the draw.
iPhone 16 Pro Max 512G, Gate hoodies, Sportswear, popular tokens, Futures Vouchers await you!
Collect just 2 fragments to easily redeem Gate merch—take your rewards home!
Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
Solv has raised 10 million dollars, with the goal of establishing a 100 million dollar BTC reserve
In the latest TechFlow news, on March 13, according to CoinDesk, the Solv platform has raised $10 million for its Bitcoin Reserve Offering (BRO) to establish a $100 million BTC reserve.
BRO combines the features of traditional convertible bonds with native cryptographic functions, aiming to promote institutional adoption of Bitcoin finance. Solv is trying to provide an "on-chain MicroStrategy" model, referring to the model of the software company founded by Michael Saylor (now renamed Strategy), which currently holds nearly 500,000 BTC.
BRO may attract institutions that wish to use Bitcoin as a store of value, similar to Strategy, but without the need to buy and hold BTC themselves. In addition, these institutions may seek more active forms of Bitcoin revenue generation investments.