PANews reported on May 16 that Solv Protocol announced the launch of SolvBTC.AVAX modular yield vault, combining Bitcoin with real assets (RWA) to empower BTC with real income. The product was jointly created by Solv, Avalanche, Elixir, Euler, LFJ and Balancer, and connected to BlackRock and Hamilton Lane with a total of $4 billion in assets, including U.S. debt and private credit at the bottom. Users can obtain AVAX rewards, Elixir points and Solv points through a single token SolvBTC.AVAX, realizing the automatic interest-bearing and institutional-level participation of BTC on the chain.
