BitGo, leader in digital asset services, has recently announced support for the Stacks blockchain, aimed at enhancing the functionality of Bitcoin.
This integration represents a further step forward towards the institutional adoption of Bitcoin native decentralized finance (DeFi), responding to the growing demand for safer and more profitable solutions.
Let’s see all the details below.
Bitcoin news: the integration of Stacks by BitGo
As anticipated, the growing institutional demand for Bitcoin has pushed BitGo to integrate Stacks, a layer-2 (L2) solution on the Bitcoin network.
This integration will allow the users of the platform to earn rewards in Bitcoin through a process called “stacking”.
Users who hold Stacks (STX) will be able to generate a native yield in BTC directly in their wallet, without the need to lend or expose their assets to additional risks.
Kyle Ellicott, leader degli investimenti nell’ecosistema di Stacks, ha sottolineato l’importanza
We współpracy z: https://en.cryptonomist.ch/2024/07/18/bitgo-integrates-stacks-for-bitcoin-staking-institutional-demand-grows/
