Solv Protocol Adopts PoR- Why are New Crypto Startups Running For it?

Solv Protocol PoR:- Proof of Reserves (PoR) seem to have occupy the leading media narrative in the recent weeks. A tradition that web3 companies began following after the FTX collapse, has now become the benchmark for authentication and trademark.

A number of CEXs and DeFi companies are increasingly continuing to adopt Proof of Reserves to win users’ trust. Adding to the latest instance, DeFi Platform Solvs Protocol has adopted Proof of Reserve for “real-time transparency.”

Announcing on Monday, the Yzi Labs supported Bitcoin DeFi Protocol has adopted Chainlink Proof of Reserve (PoR) to secure over $2 billion of collaterized assets.

With this adoption, Solv has deployed its Proof of Reserce feeds on BNB Chain and Ethereum. This will give its users a real-time transparency mechanism to check the security of their collaterized Bitcouna or other staked assets.

However, the debate about the need of Proof of Reserves as transparency and authentication mechanism still remains debated.
Today only while speaking at Bitcoin 2025 Conference, Strategy’s Michael Saylor called PoR a “bad idea.”

Why New Projects Like Solv Protocol moving against

It is interesting to note that emerging crypto projects are offering their PoR against the tide. There are still some of the most prominent crypto firms that do not publish.

Coinbase, despite being the largest U.S. exchange and a publicly traded company, does not offers an on-chain PoR covering its customer deposits. CEO Brian Armstrong had said that, beyond their regular financial audits, they have “no plans” to publish a Merkle-tree style reserve proof for their main exchange balances.

Another instance is of Robinhood Markets, which holds billions in customer deposits across stocks and crypto. It is yet to release any form of PoR even as other U.S.-based platforms have moved to adopt it post-FTX.

Michael Saylor’s business intelligence firm which holds over $10 billion in Bitcoin has explicitly rejected on-chain PoR.

As mentioned above, Saylor argued at Bitcoin 2025 that publishing wallet addresses “dilutes security” and called PoR “a bad idea,” indicating no intention to adopt it.

Security and Transparency In a Fragile Market

In a competitive market, transparency is a moat. Users are more likely to deposit assets and interact with platforms that can publicly prove they’re solvent.

Thus, startups which typically find it difficult to establish themselves against the giants are likely offering PoR as a viable competitive advantage.