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Bitgo’s Bitcoin staking expands institutional yield options

Bitgo and core dao join forces: BitGo has integrated Bitcoin staking via Core DAO for institutional clients. This move enhances Bitcoin’s yield potential while allowing firms to maintain control over their digital assets, minimizing typical counterparty risks.

Innovative dual staking mechanism: Core DAO’s dual staking approach improves rewards by allowing Bitcoin and CORE tokens to be staked. It enables users to secure their BTC on the Bitcoin blockchain and earn tokens directly through BitGo’s secure platform without risks of slashing.

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