Core Teams Up with Cobo for Bitcoin Staking in Asia

Core, a proof of stake platform offering a dual Bitcoin staking solution, is partnering with digital asset custody and wallet provider Cobo to expand its staking services in Asia.

The collaboration aims to bring dual Bitcoin (BTC) staking and sustainable yield to institutional investors, as announced by the Core Foundation on Mar. 7.

Core will introduce these features for users seeking opportunities in the decentralized finance ecosystem across Asia through its DeFi-as-a-Service platform, focusing on institutional adoption of BTC staking.

> “Our integration with Cobo, a trusted leader in digital asset custody and blockchain infrastructure, greatly enhances the Core ecosystem by onboarding liquidity from high-caliber institutional clients,” said Brendon Sedo, an initial contributor at Core.

Access to Sustainable Yields

Cobo users can now stake both Bitcoin and CORE tokens to earn BTC yields. Core is positioned to allow institutional investors to utilize its accessible platform for “sustainable and self-custodial Bitcoin yields.” Cobo’s secure and scalable blockchain solutions will be crucial in achieving this goal, as noted by Sedo.

> “By integrating Core’s innovative Dual Staking model with Cobo’s trusted infrastructure, we’re further advancing institutional access to scalable and sustainable Bitcoin yields, paving the way for broader adoption of secure BTC staking solutions,” stated Changhao Jiang, chief technology officer of Cobo.

Core Foundation’s partnership with Cobo builds upon the platform’s growing reputation in Bitcoin staking, with institutions leveraging its platform to stake over 6,200 BTC. Core’s comprehensive Bitcoin finance solution also ensures network security through miners, who earn CORE tokens by delegating hash power—representing around 76% of the delegated Bitcoin hash rate.

Launched in 2023, Core has seen significant growth in the BTCfi ecosystem, integrating over 150 Ethereum Virtual Machine-compatible decentralized applications. In December 2024, Core collaborated with Hashnote to unlock even more BTC yields for its users, contributing to an impressive total value locked (TVL) of over $525 million.

Meanwhile, Cobo, founded in 2017, has supported over 500 digital asset businesses in seizing on-chain opportunities.

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