Zeta Network Expands Treasury with $231 Million Bitcoin-Backed Deal
Zeta Network has announced a major $231 million Bitcoin-backed investment, using SolvBTC, a yield-generating wrapped Bitcoin token, to expand its treasury and financial resources. The company said the funding reinforces its confidence in Bitcoin’s long-term value and aims to strengthen its institutional balance sheet.
According to a company statement released on October 15, the deal was structured as a private investment in public equity (PIPE) agreement. The proceeds will be delivered not in U.S. dollars but in Bitcoin or SolvBTC, marking a significant shift toward digital asset–based corporate financing.
The transaction involves Class A ordinary shares and one-for-one warrants, each sold at $1.70 per unit, with warrants exercisable at $2.55 per share. The investment is expected to close by October 16, with the funds used to expand Zeta’s treasury and support its digital finance initiatives.
Strengthening Bitcoin-Backed Treasury Strategy
The company described the move as part of a broader effort to build a Bitcoin-centered treasury framework, emphasizing financial stability and alignment with decentralized asset growth. Zeta Network’s Chief Investment Officer, Patrick Ngan, said the integration of SolvBTC reflects the firm’s confidence in Bitcoin as a long-term asset while providing yield-generating potential.
“By integrating SolvBTC into our treasury, we’re enhancing financial resilience with an instrument that combines Bitcoin’s scarcity with sustainable yield,” Ngan stated.
Each SolvBTC token is fully collateralized 1:1 with Bitcoin held under regulated custody. The reserves are verifiable on-chain, offering transparency suitable for institutional investors and corporate treasuries. The model provides exposure to Bitcoin’s price while allowing participants to earn yield, a structure designed to appeal to firms seeking more dynamic balance-sheet management.
Institutional Finance and Digital Asset Integration
Zeta Network said the investment marks a step toward its goal of building a Bitcoin-centric institutional finance platform. The firm’s operations include digital-asset treasury management, Bitcoin liquidity aggregation, and sustainable mining, integrated under a regulated framework consistent with its Nasdaq listing.
This approach allows Zeta to merge traditional financial infrastructure with the transparency and programmability of blockchain. Analysts view such Bitcoin-backed funding structures as an emerging model for corporations seeking to diversify beyond fiat-based capital.
The company added that this initiative supports its long-term vision of creating a digitally anchored financial ecosystem capable of weathering market volatility while maintaining exposure to Bitcoin’s supply-limited asset class.
Broader Implications for Institutional Crypto Adoption
Zeta’s investment comes as corporate treasuries and financial institutions increasingly explore digital assets for diversification and inflation hedging. The use of Bitcoin-backed tokens such as SolvBTC could represent a growing trend in corporate finance, where blockchain transparency meets traditional capital formation.
While market conditions remain volatile, Zeta Network’s Bitcoin-backed treasury model demonstrates a strategic move toward institutional-grade digital asset management. The success of this approach may influence how other publicly listed companies structure their balance sheets in the future.
