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Mar 7, 2025

Core Partners with Cobo to Expand BTC Staking in APAC Region

1 min

Bitcoin staking layer Core has partnered with Singapore-based custodian Cobo to enhance its institutional services in the Asia-Pacific region.

Core issues the liquid-staking token lstBTC.
Cobo's institutional clients can earn a return on BTC while retaining asset control.
Various projects are providing yield options for BTC holders, increasing liquidity in decentralized finance.
Core's staking protocol has secured over 6,200 BTC (approximately $548 million).
The protocol is backed by around 76% of Bitcoin's hashrate.
This partnership aims to attract high-caliber institutional liquidity to Core.
Last month, Core also collaborated with Maple Finance and custodians BitGo, Copper, and Hex Trust to expand access to BTC staking.