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BitGo Launches Support for Stacks Blockchain to Enhance Bitcoin Functionality

BitGo Launches Support for Stacks Blockchain to Enhance Bitcoin Functionality

CointimeCointime2024/07/18 14:31
By:Cointime

As institutional demand for Bitcoin grows, digital asset custody service provider BitGo is integrating Stacks into Bitcoin rewards. According to the responsible person of the Stacks ecosystem investor, this integration is due to the increasing demand for Bitcoin by institutions. The integration of BitGo and the Bitcoin L2 network Stacks will allow users of the platform to earn Bitcoin (BTC) rewards through "stacking", allowing Stacks (STX) holders to generate native BTC income directly in their wallets without the need to lend or expose assets to unnecessary risks.

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