SOLV launches a new Bitcoin return product on Avalanche

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 (BTC) To the origins of the real world, such as the American Treasury and Special Credit Presented by Blackrock Hilmlton Lin.

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 multi -protocol strategic code is used to generate the return that includes Elixir’s Deusd Stablecoin, The treasury provided by Blackrock Hamilton Lynn via ELIXIR, and merged on EULER lending platform to increase the 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.

Related to: Crunch Crunch Bitcoin strengthens confidence in the $ 2002,000 goal of 2025 – Cio BitWise

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 I launched Bitcoin Return FundWhich 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.

Coinshares Satish Patel The increasing interest in bitcoin returns In December, noting that more investors now see BTC “not only as a value store but also as a means of generating yield.”

While there are many ways to generate bitcoin crops, such as taking advantage of derivatives or return on agriculture, Michael Silor strategy It provided its “BTC” scale to measure the performance of its investment strategy.

The BTC is a 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.

https://www.youtube.com/watch?

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