SOLV brings Bitcoin backed from RWA to Avalanche Blockchain-TradingView News

The SOLV protocol launched a Bitcoin symbol carrying the return on Blockchain Avalanche, giving institutional investors more exposure to the opportunities for the return on real assets, or RWAS.

On May 16, the protocol revealed Solvbtc.avax, a symbol linking Bitcoin btcusd To the origins of the real world like the American cabinet and the special credit offered by Blackrock and Hamilton Lane.

The company said that the new distinctive symbol was developed through the seven -directional partnership that includes Solv, Avalanche, Balancer, Elixir, EULER, R7 Labs and LFJ.

The founder of the Solv Protocol, Ryan Chao, said that the distinctive symbol is a way to connect Bitcoin to “economic courses in the real world” in unrelated assets such as US government bonds and private credit, instead of four -year BTC booming.

The distinctive symbol uses a multi -protocol strategy to generate the return that includes ELIXIR Deusd Stablecoin, the Blackrock and Hamilton Lane’s cabinet provides via ELIXIR, and merged on EULER to increase RWA exposure.

“The return is received in BTC format,” Solv Protocol spokesman told Cointelegraph.

SOLV is a Bitcoin assembly platform that focuses on Bitcoin, which provides returning strategies across many Blockchains and decentralized financing applications. The protocol gets more than $ 2.3 billion in the total closed value, according to industry data.

The race to provide a bitcoin revenue intense

The demand for Bitcoin’s revenue solutions grew in the last wave of institutional adoption of digital assets.

Earlier this month, Crypto Excination Coinbase launched the Bitcoin return box, which aims to provide annual returns between 4 % and 8 % on BTC Holdings.

Coinbase said that the return will be gained through a monetary and forbidden strategy, which includes the purchase of BTC in the instant market and the sale of the corresponding futures contract.

Satish Patel, Coinshares analyst, expected the increasing interest in Bitcoin’s return in December, noting that more investors now see BTC “not only as a value store but also as a way to generate revenue.”

While there are many ways to generate Bitcoin, such as taking advantage of derivatives or return agriculture, the Michael Saylor strategy provided the BTC scale to measure the performance of its investment strategy.

The BTC revenue for Strategy, which measures the additional Bitcoin amount that it acquires in relation to its suspended shares, is currently 15.5 % on an annual basis, according to the company.

magazine: Metrocrusions $ 250k bitcoin are “Best Case”, Sol, Chefs noise for gains: Commercial Secrets