CoreDAO has collaborated with Maple Finance, BitGo, Copper.co, and Hex Trust in a major step towards solving the problem of illiquid institutional Bitcoin holdings. CoreDAO and its partners have created lstBTC — a yield-bearing Bitcoin token especially suited to institutions and accredited investors. Hosted on the Core blockchain, lstBTC is liquid and offers a performance-oriented alternative to the traditional custody of Bitcoin, all without sacrificing any of the security or original asset exposure that one would expect from an ideal Bitcoin custody solution. Even as Bitcoin adoption by institutions keeps growing, so does the need for more intelligent and efficient
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