The regulated exchange Bullish, publicly traded on the NYSE under ticker BLSH, has added STX to its trading platform. This listing gives institutional investors a compliant gateway to invest in the Stacks network, a layer-1 blockchain that brings smart contracts and decentralized applications to Bitcoin. STX serves three purposes on the Stacks network: paying transaction fees, participating in Proof of Transfer (PoX) mining, and earning Stacking rewards. A PoX-5 hard fork is scheduled for July 2026, and a Bitcoin staking initiative with institutional participants like HashKey Cloud is in pilot phase ahead of a broader launch targeted for mid-2026. This listing adds to existing investment vehicles such as the Grayscale Stacks Trust and the 21Shares Stacks ETP.
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