Core Foundation Partners with Hex Trust to Launch BTC Collateral Service

According to HashChain News, the Core Foundation has established a deep partnership with digital asset custodian Hex Trust, integrating Core's dual collateral into Hex Trust's institutional custody system. Hex Trust's custody solution simplifies the process for institutions to access Core's BTCFi products, effectively promoting clients to expand their participation scale. This collaboration enhances the security and compliance of Bitcoin yield channels for institutional investors in the Asia-Pacific and Middle East regions. Clients can earn real on-chain block rewards by collateralizing Bitcoin and CORE tokens without needing to transfer or sell Bitcoin, thereby accelerating the development of the BTCFi ecosystem.