It's been a long time since we talked about $Solv! Major news has arrived!
BlackRock officially announces: BlackRock will connect a $3B BUIDL fund to DeFi, choosing Avalanche as the main battlefield! And the partners on the DeFi side have been revealed — $Solv!
$Solv has always been the king of TVL in the Bitcoin ecosystem, consistently staying ahead with strategic vision. This time, it not only aims to dominate Bitcoin but also to enter the RWA track!
The newly launched SolvBTC.AVAX is the world's first Bitcoin yield vault backed by real-world assets (RWA), created in collaboration with five major players: Solv, Avalanche, Elixir, Euler, LFJ, and Balancer.
Source of the yield? The ace assets of two major TradFi giants:
✅ BlackRock's BUIDL
✅ Hamilton Lane's SCOPE
This means Solv is no longer just a top protocol in the Bitcoin ecosystem, but a super bridge for on-chain TradFi assets!
🔥 Avalanche has even directly invested real money to provide incentive support for Solv!
On a strategic level, SolvBTC.AVAX primarily adopts Elixir's deUSD loop strategy,
with a clear and hardcore yield pathway:
BTC → deUSD → BUIDL / SCOPE → real-world yield → back to BTC
Looking back at the past month, the price of $Solv has surged over 90%, more than doubling from the bottom! This is just the “appetizer” of the RWA strategy. With the backing of Avalanche, this established public chain, Solv's ambitions are clear: Solv = the ultimate gateway for RWA on Bitcoin.
The future is here, and Solv is redefining the connection between Bitcoin and TradFi!
