The well-established BTC Layer 2 project Merl has also partnered with a NASDAQ-listed company. This isn't about creating a new version of MicroStrategy, but rather providing valuable interest-bearing services for the BTC reserves of listed companies. 🤔 Why do I say this? Creating a new version of MicroStrategy is a one-time narrative, but providing interest on the BTC reserves of listed companies can continuously increase TVL and revenue, making it more sustainable. 📊 It has been confirmed that the amount is $55 million, with the first batch of 500 BTC being put on-chain through Merlin's Institutional HODL+ and participating in yield-generating configurations. For a long time, listed companies' allocation of Bitcoin has mostly remained at the level of cold wallet reserves. Whether it's MicroStrategy's long-term holding or some companies' balance sheet exposure, it reflects more of a "reserve asset" positioning. However, this time, more reserves are starting to be put on-chain...
Introducing Institutional HODL+
Merlin Chain’s new paradigm for Bitcoin Treasury management — a compliant, secure, and yield-driven framework designed to transform BTC from a passive reserve into a productive institutional asset.
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