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Core collaborates with Maple, BitGo, Copper, and Hex Trust to enter the BTC collateral field
Odaily Planet Daily News Core Foundation has partnered with institutional lending protocol Maple Finance and custody companies BitGo, Copper, and Hex Trust to further penetrate the BTC stake field. The IstBTC token from Core allows institutional participants to earn yield on their Bitcoin holdings while remaining safely with trusted custody partners, without the risk or operational burden of dealing with smart contracts. Maple will be releasing a liquid stake token in the coming months, enabling trading firms and asset managers to use stake BTC as collateral for DeFi or trading counterpart borrowing. (CoinDesk)