Core Foundation collaborates with Maple Finance and multiple custodian institutions to expand the Bitcoin staking market

According to CoinDesk, the Core Foundation has partnered with institutional lending agreement Maple Finance, as well as custody companies BitGo, Copper, and Hex Trust, to further expand the field of Bitcoin staking. Core's IstBTC token allows institutional participants to securely stay within trusted custody partners without bearing the risks or operational burdens of smart contracts, while earning profits from Bitcoin holdings. Maple will issue a liquid staking token in the coming months, which will allow trading and asset management companies to use staked Bitcoin as collateral for DeFi fields or counterparty loans.