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Crypto

Stacks Launches Bitcoin Staking with Genesis Bond

Guavy AI Editorial Team
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BTC STX NAKA
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The Stacks network has launched Bitcoin Staking, a self-custodial product that allows BTC holders to earn yield without giving up custody.

The Genesis Bond is the first protocol bond on Stacks and marks the operational start of a mechanism designed to turn idle Bitcoin into productive capital.

The launch includes institutional participants 21shares, UTXO Management (subsidiary of Nakamoto Inc. NASDAQ: NAKA), and Asia's leading staking provider HashKey Cloud.

BTC holders can earn yield paid in Bitcoin while their BTC stays on the Bitcoin blockchain, secured by Bitcoin's consensus and held under their own keys.

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