The crypto market has long been troubled by two major fields struggling to form large-scale user bases: one is RWA (Real World Asset Tokenization), which is seen as the next trillion-dollar market but has seen relatively slow development due to compliance and collateralization of real assets; the other is BTCFi (Bitcoin Finance), where Bitcoin, as a trillion-dollar crypto asset, has predominantly been viewed by holders as a tool for storing value, rather than widely releasing its potential for staking and finance like Ethereum.
Solv's innovative token SolvBTC.AVAX, launched on the Avalanche blockchain, is addressing this issue by linking Bitcoin with real-world assets, injecting liquidity and yield potential into it. With increasing institutional investors' interest in digital assets, the demand for Bitcoin yield solutions has significantly risen, and SolvBTC.AVAX emerged in this context, truly adding wings to its capabilities.
Solv Protocol is a crypto project established in 2020, which early on raised approximately 29 million USD through three rounds of financing, gaining support from numerous top-tier investment institutions, such as the well-known Binance Labs, Blockchain Capital, Laser Digital, UOB Venture, and others. Its promising prospects are self-evident. With the rise of the BTCFi sector in 2024, Solv is shifting its focus to BTCFi, aiming to unlock the potential value of Bitcoin and transform it from a simple holding asset into a productive tool for participating in broader financial activities.
Solv Protocol's total locked value (TVL) exceeds 2 billion USD, with over 17,000 BTC in custody and a user base exceeding 1.14 million. These figures indicate that Solv Protocol has become a leading platform in the BTCFi space, providing Bitcoin holders with an effective way to convert static assets into productive capital.
Solv Protocol launched its first RWA Bitcoin yield product SolvBTC.AVAX on May 16, 2025, positioning it as a yield token that connects Bitcoin with real-world assets such as U.S. Treasury bonds and private credit. By holding SolvBTC.AVAX, investors can earn yields distributed in BTC. This design not only provides Bitcoin holders with a new source of income but also links their yields to the real economic cycle, complementing Bitcoin's traditional four-year bull-bear cycle as an asset class.
SolvBTC.AVAX adopts a multi-protocol strategy to generate yields, with Elixir's deUSD stablecoin serving as one of the foundational tools for yield generation, providing stable value anchoring. At the same time, through the Elixir platform, SolvBTC.AVAX integrates U.S. Treasury bond assets managed by BlackRock and Hamilton Lane, providing stable exposure to real assets and further expanding exposure to private credit and other real assets, thereby enhancing yield potential.
Solv is the first to provide Bitcoin holders with direct access to assets from traditional financial giants, such as globally renowned asset management firms like BlackRock, which manages assets exceeding 10 trillion USD. Its involvement represents a high recognition of crypto assets by traditional finance. At the same time, the design of SolvBTC.AVAX breaks through the limitations of traditional Bitcoin yield products (such as staking and lending) by introducing yield sources linked to traditional economic cycles, effectively reducing the volatility of 'Bitcoin-denominated' yields. Users only need to hold the single asset SolvBTC.AVAX to enjoy a fully automated yield compounding strategy without the need for active management of complex cross-protocol operations in the crypto market. This design is very friendly to both traditional old money and crypto finance.
The development of SolvBTC.AVAX is a collaborative effort between Solv and several top institutions. Avalanche provides underlying blockchain support, while Balancer, Elixir, Euler, Re7 Labs, and LFJ provide support in technology, stablecoins, lending, and ecosystem integration, respectively. This multi-party collaboration not only offers a strong technical foundation for the product but also enhances its endorsement in traditional finance through partnerships with BlackRock and Hamilton Lane.
The launch of SolvBTC.AVAX marks an important breakthrough for Solv Protocol in both BTCFi and RWA fields, providing Bitcoin holders with direct access to traditional financial giant assets for the first time, and is of milestone significance in the process of Bitcoin financialization and real asset tokenization. As the crypto market continues to develop, it is believed that Solv Protocol's innovations are poised to soar higher and further, leveraging the wings grown in both BTCFi and RWA fields.
