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Solv Protocol has announced that its native SOLV token has achieved full registration under the European Union's Markets in Crypto-Assets (MiCA) regulation, with the Netherlands serving as its home member state.
The MiCA registration allows Solv to offer its token across all 27 EU member states under the bloc's unified disclosure framework, according to the announcement today. The protocol operates a platform for on-chain, yield-generating Bitcoin reserves with over $1.18 billion in total assets under management as of January 2026.
Solv notes that its xSolvBTC product has more than $183 million circulating across multiple blockchain networks, the company said. Through integrations with DeFi platforms including Lista DAO, Venus, Pendle Finance and Morpho, SolvBTC has enabled over $310 million in active loan volume.
The SOLV token will be listed on European exchanges Bitvavo and Bitpanda following the registration, providing access for retail and institutional investors across the EU.
Ryan Chow, co-founder of Solv Protocol, said the registration enables regulated funds, banks and fintech firms across Europe to earn yields and build products on-chain without relying on centralized custodians.
Solv is expanding beyond Bitcoin finance into tokenized real-world assets, combining Bitcoin liquidity with tokenized instruments such as Treasury bills, credit portfolios, money market funds and equities. The protocol recently launched the SolvBTC.RWA Vault on BNB Chain in collaboration with BNB Chain, designed to give institutions onchain access to tokenized treasuries and investment-grade credit.
Crossmint Secures Authorization
The MiCA framework, which became fully enforceable in 2025, establishes unified rules for crypto-asset service providers across the EU.
Last week, wallet infrastructure platform Crossmint secured MiCA authorization from Spain's Comisión Nacional del Mercado de Valores, becoming a regulated Crypto-Asset Service Provider with passporting rights across all EU member states. Crossmint's authorization allows the company to offer embedded wallets, exchanges and cross-border transfers through a single platform.
The company said in a statement that its MiCA status positions it among a limited group of infrastructure providers offering comprehensive digital asset capabilities with EU-wide regulatory compliance as the grandfathering period for non-compliant assets ends in July 2026.
"We built Crossmint to be a global digital asset platform from day one," Rodri Fernández Touza, co-founder of Crossmint, said. "A MiCA authorization means our clients get a full stack solution compliant across the EU, all through one integration."