Introducing the World's Largest DVT Protocol 'SSV Network' into an Institutional Ethereum Operations Platform

SBI Group subsidiary and cryptocurrency exchange, Bitpoint Japan (Brand name: BITPOINT), headquartered in Minato-ku, Tokyo, with Ken Nakata as President, has commenced collaboration with SSV Labs (CEO: Alon Muroch), which develops and operates the Ethereum Distributed Validator Technology (DVT) protocol "SSV Network". This collaboration, initially announced on December 22, 2025, between Def consulting Inc. (Securities Code: 4833, Headquartered in Minato-ku, Tokyo, President: Yuta Shimomura) and P2P.org, will now expand to four companies with the addition of SSV Labs. Def consulting is promoting an "Ethereum Treasury Strategy" aimed at incorporating Ethereum (ETH) into its balance sheet and enhancing mid-to-long term corporate value. As one of the operational means for this strategy, they are building a system for continuous reward acquisition through our staking service. Previously, BITPOINT was responsible for the acquisition, custody, and staking infrastructure of Ethereum, while P2P.org handled validator operations. With the addition of SSV Labs, DVT technology will be introduced into P2P.org's validator operations, aiming to further enhance the safety and profitability of Def consulting's Ethereum operations.

**Purpose of DVT Introduction**

1. **Enhancement of Operational Safety:**
DVT (Distributed Validator Technology) disperses validator key management and operations among multiple independent operators. Even if one operator or node experiences a failure, the validator as a whole will not stop. By eliminating single points of failure, the risks of slashing (penalties) and missed rewards can be suppressed.

2. **Expansion of Revenue Opportunities:**
SSV Network has an incentive program for network participants, allowing them to receive network participation rewards separately from regular Ethereum staking rewards. This structure ensures that the introduction of technology to enhance safety also leads to increased revenue.

**Overview of SSV Network**

SSV Network is a fully decentralized open-source staking protocol for Ethereum centered around DVT. By distributing validator operations across multiple independent operators, it eliminates single points of failure, enhancing the safety and decentralization of staking. It boasts over $15 billion in total assets under management, over 6 million ETH in staking achievements, and more than 1,800 participating operators, making it the largest protocol in the Ethereum DVT field globally.

**Representative Comments**

**■ Yuta Shimomura, President, Def consulting Inc.**
"Our company's strategy is to place Ethereum at the core of our balance sheet and make staking rewards one of our revenue pillars. With the integration of DVT technology into our operational infrastructure, we have established a system where validators will not stop even in the event of a failure. Additionally, we can expect supplementary rewards through SSV Network's incentive program. The fact that enhanced safety leads to expanded revenue opportunities is, in my opinion, the biggest feature of this four-company collaboration. Based on this system, we will steadily aim for mid-to-long term..."