Family, this morning Little Hamburger saw that BlackRock has just announced a big news!

They are going to inject 3 billion USD into the BUIDL fund and have chosen the Avalanche platform. At that moment, I was wondering who the DeFi partner would be that could collaborate with BlackRock? The answer was revealed, and it turns out to be Solv!

Speaking of Solv, they are considered a 'veteran player' in the Bitcoin community, with their total locked value (TVL) consistently ranking first.

Recently, they teamed up with five institutions including Avalanche, Elixir, and Euler to launch a new product - SolvBTC.AVAX, which is the world's first Bitcoin yield vault backed by real-world assets (RWA).

In simple terms, they are tying Bitcoin to traditional finance, such as BlackRock's BUIDL fund and Hamilton Lane's SCOPE project, allowing Bitcoin to earn interest just like the financial products we usually purchase.

The yield process is quite interesting: first, Bitcoin is converted into a stablecoin deUSD, then deUSD is used to invest in traditional financial products like BUIDL/SCOPE, and finally, the earned money is converted back into Bitcoin. The entire process is like creating a 'yield conveyor belt,' preserving Bitcoin's asset properties while also reaping the benefits of traditional finance.

Avalanche is directly pouring money into supporting this, along with Solv's technical accumulation in the Bitcoin sector, making it feel like this wave aims to bring the concept of RWA (real-world assets on-chain) to reality. In the words of insiders, Solv is upgrading from 'Bitcoin steward' to 'gateway to traditional finance on-chain'!

Looking at the market response, Solv's token price has increased nearly 90% in the past month, doubling from the bottom!

In summary, this cooperation is of great significance for the crypto world: Bitcoin finally has a 'seamless connection' channel with traditional finance, and Solv, with this layout, firmly occupies the center position in the BTC+RWA narrative.

If you are a Bitcoin holder or interested in RWA, this project is worth paying close attention to!