Copper Becomes First Custodian to Offer Secure BTC Yield with Core’s Integration of BTC Staking

Core
Foundation,
a
bitcoin
powered
blockchain
that
serves
as
the
Proof
of
Stake
layer
for
Bitcoin
as
the
first
enabler
of
Bitcoin
Staking,
today
announced
the
integration
of
Core’s
Dual
Staking:
CORE
Staking
and
BTC
Staking
directly
into
Copper’s
custody
platform.
This
development
enables
institutional
investors
to
stake
their
BTC
and
CORE
directly
from
their
Copper
custody
accounts,
ensuring
a
secure
and
streamlined
process
without
the
need
to
transfer
funds
to
external
wallets.
This
marks
the
first-ever
implementation
of
self-custodial
BTC
staking
within
a
custodian’s
platform,
setting
a
new
industry
standard
for
security
and
efficiency.

The
integration
with
Copper’s
custody
interface
allows
institutions
to
maximize
their
digital
asset
investments
safely
and
efficiently.
By
offering
this
seamless
staking
solution,
Core
continues
to
lead
the
way
in
providing
innovative,
secure
options
for
institutional
investors
in
the
cryptocurrency
space.

“This
integration
with
Copper
is
a
significant
milestone
for
Core,
as
it
brings
the
first
self-custodial
BTC
staking
solution
to
the
institutional
market,”
said
Brendon
Sedo,
Initial
Contributor
to
Core. “Institutions
are
looking
for
secure
ways
to
enhance
their
Bitcoin
investments,
and
this
integration
with
Copper
enables
us
to
meet
that
demand
by
offering
a
trusted,
efficient,
and
secure
solution
for
staking
BTC
and
CORE
directly
within
a
custodial
environment.”

Copper,
a
leader
in
digital
asset
custody
and
prime
services,
has
been
instrumental
in
bringing
this
integration
to
life.
Their
robust
infrastructure
will
allow
clients
to
leverage
Core’s
staking
mechanisms
without
compromising
on
safety
or
operational
efficiency.

Core
blockchain
is
the
the #1
Bitcoin
scaling
chain with 21
M
unique
addresses, 279,000
daily
transactions,
55%
of
Bitcoin
hash
power,
and
over
100
DeFi
dApps,
achieving
more
than $~430M
TVL.
With
4,500
BTC  staked—Core
stands
as
the
only
available
Bitcoin
staking
solution,
while
others
focus
on
restaking
solutions.

About
Core

Core
serves
as
the
Proof
of
Stake
layer
for
Bitcoin
as
the
first
enabler
of
Self-Custodial
Bitcoin
Staking,
which
secures
a
fully
EVM-compatible
BTCfi
ecosystem.
Since
April
2024, over
4,500
BTC have
been
staked
with
Core,
enhancing
Bitcoin’s
utility
and
security.

Core
is
the
most
Bitcoin-aligned
EVM
blockchain
with
~55%
of
Bitcoin
mining
hash
power
contributing
to
the
network’s
security.
This
breakthrough
has
amassed
millions
of
Core
adopters
–
over 21M
unique
addresses, 279M+
transactions,
and over
430M
TVL since
its
mainnet
launch
in
January
2023.

About
Copper.co

Since
being
founded
in
2018,
Copper
has
been
building
the
standard
for
institutional
digital
asset
infrastructure
with
a
focus
on
custody
and
collateral
management.

Underpinned
by
multi-award-winning
technology,
Copper
has
built
a
comprehensive
and
secure
suite
of
products
and
services
required
to
safely
custody
and
trade
digital
assets.
At
the
core
of
Copper’s
infrastructure
is
ClearLoop,
which
enables
clients
to
manage
collateral
and
settle
trades
across
multiple
exchanges,
while
mitigating
counterparty
risk
and
increasing
capital
efficiency.

For
more
information,
please
visit: www.copper.co