BitGo Adds Stacks Bitcoin Staking in Qualified Custody
AI summary
BitGo has added Stacks bitcoin staking to its qualified custody offering, letting institutional clients earn yield on BTC held in custody. Eligible institutions must pair their BTC with STX worth 5% of their Bitcoin position, locked in roughly six-month bonds funded by Stacks miners. The move expands yield options for custody clients and creates fresh demand for STX, which traders may read as a modest positive for the Stacks ecosystem.
