Crypto custodian BitGo enables institutional Bitcoin yield with Core

BitGo, a crypto custodian offering various Bitcoin staking options, now allows institutional clients to secure extra BTC rewards with Core’s dual staking model.

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Cryptocurrency custody firm BitGo is expanding yield opportunities by integrating institutional-grade Bitcoin staking through the layer-1 blockchain platform Core DAO.

BitGo has become one of the first custodians to enable institutional access to dual staking with Core, allowing the clients to earn scalable Bitcoin (BTC) yields, according to a joint announcement on Dec. 9.

Core’s staking solutions are designed to allow Bitcoin holders to retain full custody of their assets, avoiding counterparty risk.

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