Institutions Can Earn Bitcoin Yield With lstBTC While Retaining Custodian Security

Maple Finance, BitGo, Copper, and Hex Trust have partnered with Core Foundation to launch InstitutionalBitcoin, lstBTC.

What Happened:  The launch of lstBTC aims to provide institutional Bitcoin holders with a yield-generating solution without requiring them to move their assets from trusted custodians. By leveraging Core blockchain’s Dual Staking mechanism, this new token allows institutions to earn Bitcoin-denominated yield while keeping their holdings with custodians such …

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