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Copper.co News: Copper.co Introduces First Self-Custodial BTC Staking

September 27, 2024

Copper.co Unicorn News - September 27, 2024

Copper.co has partnered with Core Foundation to launch the first-ever self-custodial BTC staking on a custodial platform, enhancing security and operational efficiency for institutional investors.

( 00:00:00 ) Introduction

( 00:00:34 ) Copper Becomes First Custodian to Offer Secure BTC Yield with Core's Integration of BTC Staking

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Core Foundation has announced the integration of Dual Staking, which includes CORE Staking and BTC Staking, into Copper's custody platform. This marks the first-ever implementation of self-custodial BTC staking within a custodian’s platform. The integration allows institutional investors to stake their BTC and CORE directly from their Copper custody accounts, significantly enhancing security and operational efficiency. This development eliminates the need for transferring funds to external wallets, thereby streamlining the investment process and reducing potential security risks for institutional investors.

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