PANews August 20 news, the Core Foundation announced a deep collaboration with the digital asset custodian Hex Trust to integrate Core's dual staking into Hex Trust's institutional-grade custody system. Hex Trust's fully licensed custody solution simplifies the process for institutions to access Core's BTCFi products, allowing clients to efficiently scale their participation.
This collaboration will provide institutional investors in the Asia-Pacific and Middle East regions with a secure and compliant channel for Bitcoin yields, enabling institutional clients to earn real on-chain block rewards by staking Bitcoin and CORE tokens, without the need to transfer or sell their Bitcoin, thus accelerating the development of the BTCFi ecosystem.