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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Solv Protocol has launched the RWA-supported Bitcoin yield token SolvBTC.AVAX on Avalanche.
According to Mars Finance, Solv Protocol has announced the launch of its yield-bearing Bitcoin token SolvBTC.AVAX on the Avalanche blockchain. SolvBTC.AVAX aims to provide returns for Bitcoin holders by investing in tokenized real-world assets (RWA). These RWAs include U.S. Treasury bonds and private credit from institutions such as BlackRock and Hamilton Lane. The token generates returns through a multi-protocol strategy involving several protocols including Elixir, Euler, and Re7, with returns distributed in BTC format. (Cointelegraph)