The Core Foundation, in collaboration with Maple Finance, BitGo, Copper, and Hex Trust, has launched IstBTC, a Bitcoin token designed for institutions to earn returns from idle BTC while maintaining security, compliance, and liquidity. Institutions can mint lstBTC by depositing their Bitcoin with custodians and earn yield while still being able to trade, transfer, or use lstBTC as collateral. When redeemed, holders receive the original Bitcoin value along with accrued yield. IstBTC utilizes Core blockchain's dual-staking mechanism to earn rewards and secure the network. This partnership aims to provide institutional BTC holders with a sustainable yield option without compromising security or operational efficiency.



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