Having been in this industry for a long time, seeing a combination like 'BTCFi + RWA' gives the first reaction of—here comes another concept talk.
But for this project, after watching for a while, I still decided to write it down. Not because it has a loud promotion, but because it is indeed trying to solve some old problems in the Bitcoin ecosystem: unable to yield, non-compliance, inability to combine, and institutions unable to enter.
And Solv is not just randomly trying to 'generate yield for BTC', what it is doing is a relatively restrained, yet very clear route.
1. To put it simply, what Solv is doing:
It transforms Bitcoin from a 'gold nugget' that can only lie there and appreciate into a 'financial module' that can be combined, compounded, and transparently yield income.
The core asset called SolvBTC is essentially a yield certificate supported 1:1 by BTC. You can use it to participate in on-chain yields, make collateral, enter the treasury, instead of just lying idle in a cold wallet.
In short, it has turned the idea of 'BTC also having DeFi gameplay' into a product, rather than just a concept.
2. What I particularly focus on is its RWA capability, not because it's fancy, but because it really opens two doors
🚪 The first door is the money of the real world
Solv has connected with two traditional asset management companies: BlackRock (BUIDL) and Hamilton Lane (SCOPE). Together, these two manage over $4 billion in assets.
Their yields are integrated into Solv's BTC treasury, which means:
Holders of BTC can receive cash flow from these traditional funds.
This is the first time a BTC product can directly connect RWA yields, and it's not just white-labeling, but an on-chain contract that is verifiable.
🚪 The second door is the institutional threshold
Its SolvBTC.Core product has received Sharia certification from Amanie Advisors. This may just be 'PR news' for most people, but in the Middle Eastern market, this is actually a very practical threshold.
The investment requirements of sovereign funds in Musilin countries are extremely high, with Sharia compliance being almost the key vote on whether BTC can be invested in.
Solv getting certified shows that it is not just making a product to 'ask everyone to try', but is genuinely designing for institutional-level compatibility.
And for those few countries with sovereign capital in the Middle East, managing a fund size of $5 trillion is not about emotions, but about infrastructure.
3. Why is it still connecting with Solana, or rather: why does Solana connect with it?
At first, I was also puzzled. BTC originally does not run on Solana, so why did Solv connect with Solana first?
Later, upon closer inspection, I found that Solv is the first institutional-level BTC yield strategy provider on Solana. This identity is not just about 'deploying a contract', but about marrying BTC's yield capability to Solana's high-performance ecosystem.
This is different from the simple bridging of other L2s; it is more like:
‘BTC as the underlying collateral → Solana executes yield strategy → returns yield stream’.
Solana gains BTC support, and Solv gains a new on-chain liquidity interface.
Essentially, it's still about perfecting one thing: making BTC not just exist, but be used, combined, and called upon.
4. I don't want to talk too much about the token part, but there are a few calm judgments:
The total supply of SOLV is 840 million, with only just over 15% in circulation;
The current market value is approximately $62 million, with the price having retraced by 80% from this year's peak;
But Binance Labs, Blockchain Capital, Jump, and IOSG are all on the list.
It's not a floor price, nor is it 'about to take off', but at this position—
Its fundamentals are much more stable than its market value.
5. I ultimately decided to focus on Solv because it 'is not done in a cool way, but the direction is right'
In this industry, many projects exaggerate short-term gains and create a bunch of complex terms to attract attention. But Solv, on the other hand, does not particularly show off; the problem it solves is whether 'BTC holders can have a more stable on-chain yield method'.
Especially now that institutions are entering and large funds are coming in, what BTC needs is not more narratives but tools and infrastructure that can support its financial structure.
