Hey crypto fans, have you heard the buzz? BSCNews just dropped a tweet that's got the blockchain world talking: the Core Foundation is teaming up with Hex Trust to roll out dual staking across the Asia-Pacific and MENA regions. This isn't just another partnership—it's a game-changer for institutional investors looking to put their Bitcoin to work without the usual hassles.
Let's unpack this. Core is a innovative blockchain that's Bitcoin-powered and EVM-compatible, meaning it blends Bitcoin's rock-solid security with the smart contract capabilities you see on Ethereum. It's home to a bunch of exciting projects, including some hot meme tokens that thrive on its efficient network. Dual staking is Core's signature feature where you can lock up both Bitcoin (BTC) and the native CORE token to help secure the chain and earn rewards in return. Think of it as earning passive income on your holdings while contributing to the network's stability—no selling required.
Hex Trust, a top-tier digital asset custodian known for its regulatory compliance and security, is integrating this dual staking directly into their platform. That means institutions and family offices can stake right from their custody accounts, keeping full control and minimizing risks. It's all about making Bitcoin more productive in the world of DeFi, or as they call it, BTCFi.
As Hong Sun, Institutional Contributor at Core, put it: "This partnership with Hex Trust is a significant step in unlocking Bitcoin's utility for institutional clients. Hex Trust has consistently been a forward-thinking leader in the digital asset space, and their rapid move to offer new solutions to their clients—who are keen to turn Bitcoin into a productive, secure asset—perfectly aligns with Core’s mission. Together, we are accelerating the adoption of Bitcoin yield strategies and creating a more robust and sustainable ecosystem for Bitcoin DeFi."
Calvin Shen, Chief Commercial Officer at Hex Trust, echoed the excitement: "Hex Trust is proud to integrate Core’s Dual Staking, advancing BTCFi and unlocking greater utility for Bitcoin. Through our fully licensed infrastructure, we’re delivering secure, high-quality staking solutions for institutions and family offices across the APAC and MENA regions. Together with Core, we’re driving institutional adoption, innovation, and sustainable growth in the Bitcoin economy."
For meme token enthusiasts like us at Meme Insider, this is big news. More institutional money flowing into Core via easy staking could supercharge the ecosystem, bringing more liquidity and development to the meme coins built on it. We've seen meme tokens on Core gaining traction, and partnerships like this could fuel the next wave of innovation.
Want the full scoop? Head over to the official announcement on Hex Trust's site or check out the original tweet from BSCNews.
Keep an eye on Meme Insider for more insights on how these blockchain moves are shaking up the meme token scene. What's your take on this partnership? Drop a comment below!