#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Elixir collaborates with Solv to launch the SolvBTC.AVAX modular yield vault, bringing DeFi yield to Bitcoin through deUSD.
According to Deep Tide TechFlow news, on May 18, the DeFi protocol Elixir announced a collaboration with the Bitcoin staking protocol Solv Protocol to launch the modular yield vault SolvBTC.AVAX, supported by real-world assets (RWA), bringing real returns to BTC.
According to the introduction, SolvBTC.AVAX is launched by Elixir in collaboration with Sole, Avalanche, Euler, LFJ, and Balancer: Solv provides automated yield strategies; Avalanche offers a high-speed execution layer; Elixir mints deUSD backed by RWA; Euler increases exposure through loan cycles; LFJ/Balancer compounds yield through liquidity mining.
The core sources of income for this product include BlackRock's BUIDL and Hamilton Lane's SCOPE. Users can earn AVAX rewards, Elixir points, and Solv points through the single token SolvBTC.AVAX, achieving automated on-chain earnings for BTC and institutional-level participation.