Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets
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Core, a Bitcoin-based proof-of-stake blockchain, has reached $260 million in dual-staked assets, with over 44 million CORE tokens and 3,140 Bitcoin staked. Major custodians like BitGo, Copper, and Hex Trust have integrated the platform, enabling institutions to generate yield on Bitcoin holdings without losing custody.
April 09, 2025 | 1:45 pm
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Core's dual-staking model demonstrates growing institutional interest in generating yield from Bitcoin, potentially increasing demand and utility for the cryptocurrency.
The development of Bitcoin-based DeFi solutions like Core's dual-staking could attract more institutional investors, potentially driving increased demand and price appreciation for Bitcoin.
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