Solv Protocol has launched a new yield protocol for Bitcoin (BTC) backed by $4 billion in assets from renowned institutions like BlackRock and Hamilton Lane. This innovative move aims to enhance Bitcoin’s utility by integrating it with real-world assets (RWAs). 94% of the BTC market remains untapped, presenting an opportunity for Solv’s new protocol. Solv Protocol launched ‘SolvBTC.AVAX,’ a token designed to link Bitcoin with RWAs like US Treasuries and private credit, enabling greater stability in investment strategies. This initiative leverages institutional credibility from partners like BlackRock and Hamilton Lane, adding significant weight to the overall initiative. The move is seen as a shift towards a more robust financial ecosystem where traditional finance and DeFi converge. According to founder Ryan Chow: ‘SolvBTC.AVAX connects Bitcoin to real-world economic cycles in uncorrelated assets such as US government bonds and private credit, as opposed to BTC’s typical boom-and-bust cycle’. This could reshape investment strategies and create new avenues for liquidity and yield within the DeFi space.