Solv Protocol has launched a new Shariah-compliant yield product called SolvBTC.CORE, designed for Bitcoin holders in the Middle East. This product allows users to earn yields while adhering to Islamic finance principles. Developed in partnership with the Core ecosystem, SolvBTC.CORE enables participants to engage in decentralized finance activities, including staking and lending, thereby unlocking the potential of their Bitcoin holdings. Ryon Chow, founder of Solv Protocol, emphasized that this initiative can provide new opportunities for institutional investors, including sovereign wealth funds, to invest confidently in digital assets. The service responds to the growing demand for yield-generating strategies among Bitcoin holders in regions like Saudi Arabia and the UAE. Nawa Finance, which assisted in ensuring Shariah compliance, noted that yields are now a priority for Bitcoin holders in these markets as they look to maximize their investments. This launch marks a significant step toward broader institutional adoption of cryptocurrency in compliance with regional regulations.

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