Core Foundation Gaet Copper.co Presents Non-Kustodial Bitcoin Staking For Institution

Core Foundation gets Copper.co to present non-custodial Bitcoin staking for institutions (Photo; Doc. Medium)

JAKARTA - Copper.co collaborated with the Core Foundation to launch the first non-custodial Bitcoin staking for institutions. This initiative allows financial institutions to benefit from their Bitcoin holdings without losing control over the asset to third parties. This move is expected to open up new opportunities for institutional investors to safely and efficiently maximize their Bitcoin profits.

Copper.co, a digital asset security management company, announced this collaboration through their official X account. Together with the Core Foundation, they introduced a new mechanism that allows non-custodial Bitcoin staking, meaning users still have full control over their assets during the staking process. The platform uses Copper.co's ClearLoop infrastructure, designed to enable guarantee settings as well as trading settlements on various exchanges. The system also minimizes third-party risks and increases capital efficiency, as well as supports Bitcoin staking and $CORE tokens.

With this move, Copper.co and the Core Foundation provide new opportunities for institutional investors to safely maximize their Bitcoin profits. Quoted from Blockchain Reporter, Rich Rines, one of the initial contributors to the Core, said that this collaboration opens up exclusive opportunities for institutions to increase their Bitcoin investment returns through this innovative staking mechanism.

Non-custodial staking is an attractive option for institutions because it gives full control over assets during the process, in contrast to traditional custodial systems where assets should be handed over to third parties. This step is believed to increase institutional interest in Bitcoin, as they can get returns without having to sacrifice security or control over assets.

Copper.co CEO, Dmitry Tokarev, stressed the importance of this step in increasing institutional confidence in the digital asset world. This initiative provides wider access to institutional investors, allowing them to connect to the crypto world more securely and efficiently. This collaboration between the Core Foundation and Copper.co is expected to drive further growth in the digital asset sector, particularly among institutions looking for innovative ways to take advantage of Bitcoin's potential without bearing high risks. With non-custodial staking solutions, the big players in the financial industry now have a more secure and efficient way to increase their digital asset portfolio.