BitGo Launches Support for Stacks Blockchain "Stacking"
2024-07-18 14:11:23
With institutions bitcoin demand digital asset custodian service providers bitgodesk3cryptocurrencydesktopCrypto News
With institutional demand for Bitcoin, digital asset custodian service BitGo has announced the integration of Stacks into Bitcoin staking rewards. According to the head of investors in the Stacks ecosystem, the integration is due to the growing demand for Bitcoin from institutions. The integration of BitGo with Stacks, the Bitcoin L2 network, will enable users of the platform to earn Bitcoin (BTC) rewards through "stacking", a process that allows Stacks (STX) holders to generate native BTC gains directly in their wallets without lending or exposing the asset to excess risk.
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