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It's been a long time since we talked about $Solv! Major news is here!
BlackRock officially announced: $3B BUIDL fund will be integrated into DeFi, with Avalanche selected as the main battleground! And the partner on the DeFi side has been revealed - $Solv!
$Solv has always been the king of TVL in the Bitcoin ecosystem, with strategic vision always leading the way. This time, it not only wants 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), jointly created by Solv in collaboration with five major players: Avalanche, Elixir, Euler, LFJ, and Balancer.
Sources of income? The ace assets of two major TradFi giants:
✅ BlackRock's BUIDL
✅ Hamilton Lane's SCOPE
This means that Solv is no longer just the top protocol in the Bitcoin ecosystem, but a super bridge for on-chain TradFi assets!
🔥 Avalanche officially invested real money to provide incentive support for Solv!
On the strategic level, SolvBTC.AVAX core adopts the deUSD loop strategy of Elixir,
The revenue chain is clear and robust:
BTC → deUSD → BUIDL / SCOPE → Real-world earnings → Return to BTC
Looking back at the past month, the price of $Solv has skyrocketed over 90%, more than doubling from its bottom! This is just the "appetizer" of the RWA strategy. With the support of Avalanche, this established public chain, Solv's ambition is clear: Solv = the ultimate gateway to RWA on Bitcoin.
The future is here, Solv is redefining the connection between Bitcoin and TradFi!
#SOLV # RWA #BTC