Anchorage Digital has partnered with Babylon Labs to provide institutional Bitcoin staking services. The collaboration aims to expand Bitcoin's utility by combining Anchorage Digital's security with Babylon's proof-of-stake (PoS) mechanisms. Babylon's staking protocol allows BTC holders to stake their assets directly on PoS mechanisms, eliminating the need for third-party custody solutions. This partnership signifies a significant advancement in decentralized finance (DeFi) and promotes wider staking adoption. Both Anchorage Digital and Babylon emphasize the importance of regulatory compliance and security in the crypto sector.



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