Benzinga verify icon

8M
...

Staking Bitcoin Is A Thing? Yes, And Here’s How You Can Do It

Core Foundation CORE/USD on Thursday announced the rollout full integration of its Dual Staking architecture with Maple Finance SYRUP/USD, enabling institutional clients to earn yield on Bitcoin BTC/USD without bridging or wrapping assets.

The collaboration, launched less than two months ago, has already attracted over 1,200 BTC in deposits.

What Happened: This integration powers Maple’s Bitcoin Yield product, where BTC is held in segregated custody vaults at BitGo or Copper and deployed through Core’s native staking interface.

Without moving Bitcoin off-chain or wrapping it into synthetic assets, the setup allows institutions to stake BTC directly on the Bitcoin chain, paired with Core’s…

Read more on Benzinga

86.4K Reads