This morning, BlackRock just officially announced: BlackRock will connect a $3 billion BUIDL fund to DeFi, choosing Avalanche.
I was still wondering who the partner on the DeFi side would be, and to my surprise, it turned out to be — Solv!
All along, Solv has been the platform with the highest TVL in the Bitcoin ecosystem, and this time it has taken the lead, directly targeting the RWA track. It seems they are really going all out.
This time, they jointly launched SolvBTC.AVAX, the world's first Bitcoin yield vault supported by real-world assets (RWA), with participants including: Solv, Avalanche, Elixir, Euler, LFJ, and Balancer, a very strong lineup.
The source of yield is also not simple, directly connecting to two major TradFi giants:
✅ BlackRock's BUIDL fund
✅ Hamilton Lane's SCOPE project
In other words, Solv is not only a leading protocol on Bitcoin but has also become an important channel for traditional financial assets to go on-chain.
🔺 This time, Avalanche's official team has also provided substantial incentive support for Solv.
In terms of strategy design, SolvBTC.AVAX uses the deUSD loop strategy launched by Elixir.
The complete yield path goes like this:
BTC → deUSD → BUIDL / SCOPE → real-world yield → BTC
A closed-loop yield, returning to BTC, the logic is quite clear.
Moreover, it is worth noting that Solv's token price has risen over 90% in the past month, rebounding more than twice from the bottom.
But this is just the warming-up phase of the RWA strategy.
Now with the backing of the established public chain Avalanche, the next stop for Solv may truly become: the super entrance for RWA on Bitcoin.