BitGo Adds Stacks Bitcoin Staking in Qualified Custody

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BitGo now allows eligible institutions to stake assets through its qualified custody service built on Stacks. To join the scheme, they must pair their BTC holdings with STX worth 5% of their Bitcoin position. The eligible positions are then locked in roughly six-month bonds funded by Stacks miners. The launch expands BitGo’s institutional offering but requires participants to lock additional funds in STX.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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