CandleFocus

Core and BitGo Revolutionize Bitcoin Staking for Institutions

The Core Foundation, the organization behind Core, the largest Bitcoin DeFi ecosystem, has partnered with BitGo to provide institutional access to Core's Dual Staking model. This partnership allows institutional clients to generate scalable Bitcoin yields while preserving the security of the Bitcoin blockchain. BitGo's integration with Core offers a safe environment for Bitcoin staking, allowing clients to timelock their Bitcoin and stake CORE tokens directly from BitGo's custody platform. This collaboration aims to attract institutional investors by providing reliable custody options and sustainable rewards. Core's rapid acceptance and its upcoming Fusion Upgrade in November 2024 further strengthen its position in the blockchain ecosystem. The native token, CORE, has seen a significant increase in value over the last 30 days.

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