Over the past few weeks, there has been public discussion around a specific BTC+ redemption case, which has also raised broader questions about BTC+ reserves, redemptions, and security. Based on the information confirmed to date, Solv would like to clarify the following: 1. BTC+ subscriptions and redemptions are operating normally. This is an individual case in which a specific transaction triggered a risk review. The BTC+ subscription and redemption mechanism continues to operate normally. 2. The relevant assets remain safe and fully preserved within the protocol. The assets associated with this case remain fully preserved within the protocol and have not been transferred, destroyed, or otherwise disposed of. The matter is currently being reviewed under Solv’s established risk management process. 3. The case will continue to be handled based on verifiable information and evidence. Solv will not make determinations solely based on social-media identities or unilateral public statements. The review will continue in accordance with established procedures, and where necessary, Solv will cooperate with legal counsel or relevant judicial procedures for further verification. Solv will not provide further public responses to other public discussions based on online identities or similar circumstances. We will continue to prioritize asset security and consistent risk management standards to ensure the normal operation of BTC+.

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