Crypto custodian BitGo enables institutional Bitcoin yield with Core
BitGo is expanding yield opportunities by integrating institutional-grade Bitcoin staking through Core DAO. This partnership allows clients to earn scalable Bitcoin yields while retaining full custody of their assets, minimizing counterparty risk. BitGo becomes one of the first custodians to offer dual staking, enhancing yield generation for institutional clients. Bitcoin staking enables holders to earn passive rewards by locking their assets, although Bitcoin operates on a proof-of-work mechanism and cannot be natively staked. Methods for indirect BTC staking include custodial lending and restaking. Core’s non-custodial staking allows Bitcoin holders to secure the Core blockchain in exchange for CORE tokens, with dual staking offering higher BTC rates for those staking CORE. BitGo's integration facilitates extra Bitcoin staking rewards for institutional clients, enabling them to unlock scalable yields without incurring risks associated with slashing, credit, or smart contracts.
