Core Foundation Partners with Hex Trust to Launch Institutional Dual Staking

According to Core Foundation, the partnership with Hex Trust enables institutions in Asia-Pacific and the Middle East to stake Bitcoin and CORE tokens securely without transferring BTC, expanding compliant BTCFi opportunities.

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Summary

Core Foundation officially announced a partnership with licensed digital asset custodian Hex Trust to integrate Core dual staking into Hex Trust’s institutional-grade custody system. This integration allows institutional clients in the Asia-Pacific and Middle East to stake both Bitcoin and CORE tokens without selling or transferring their BTC, enabling them to earn on-chain rewards while maintaining custody. The collaboration aims to deliver secure, compliant Bitcoin yield channels and accelerate the growth of the BTCFi ecosystem.

Terms & Concepts
  • BTCFi: A financial ecosystem built on Bitcoin, offering decentralized finance products such as staking, lending, and yield generation.
  • Dual Staking: A staking mechanism that allows users to stake two different cryptocurrencies simultaneously to earn rewards.
  • Institutional-Grade Custody: A secure asset storage and management solution designed to meet compliance, security, and operational needs of institutional investors.