Imagine a special bank for Bitcoin called Core, teaming up with another company, Cobo, to make it easier for big companies in Asia to use Bitcoin in a new way! They're offering a service called 'staking,' which is like lending out your Bitcoin to help secure the network and earn extra Bitcoin in return. It's a bit like lending your toys to a friend and getting paid for letting them play with them.
- Core and Cobo are working together.
- They'll make Bitcoin 'staking' easier for big companies in Asia.
- This lets companies earn extra Bitcoin while helping secure the network.
- Core already helps manage over $525 million worth of Bitcoin.
Fact | Number |
---|---|
Bitcoin staked by institutions using Core | Over 6,200 BTC |
Core's Total Value Locked (TVL) | Over $525 million |
Number of Ethereum Virtual Machine-compatible apps integrated | Over 150 |