Core Blockchain (Core DAO): The Destination for Bitcoin Yield & Bitcoin Staking
Core Blockchain (Core DAO): The Destination for Bitcoin Yield & Bitcoin Staking
Core is now available on Fireblocks, Extending Institutional Access to BTCFi
3 min read · June 6, 2024
Institutional
Core is now available on Fireblocks, Extending Institutional Access to BTCFi

Core, a Bitcoin-powered layer-one blockchain for EVM-compatible smart contracts, is now available on Fireblocks. Fireblocks users can securely custody CORE tokens, engage in BTCfi and leverage the Fireblocks Web3 Engine to build new products and services on the Core blockchain.

Core is responsible for bringing Bitcoin finance to life with the first-ever non-custodial BTC staking protocol. Over 2,800 BTC natively staked to unlock Bitcoin utility and rewards. The world's first yield-bearing BTC ETP is also built on Core with Valour. These developments have propelled Core to massive institutional and user adoption for its novel non-custodial Bitcoin staking.

With the Fireblocks integration, Core has now secured another significant institutional backing. Fireblocks provides a suite of applications to manage digital asset operations and a complete development platform to build businesses on the blockchain. It’s responsible for over $6T transactions secured, more than 200M wallets created and trusted by over 1,800 world leading organizations leveraging Fireblocks’ multiple features such as Wallets-as-a-Service & Custody Technology, Crypto & DeFi Treasury Management, Financial Tokenization and NFT minting, Stablecoin & Digital Asset Payments, and more.

With low fees, faster and more predictable block times, more than 80 user-friendly dApps, Core has emerged as the premier blockchain for Bitcoin-based finance thanks largely to BTC staking.

About Core Chain

Core is a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking and the world’s first yield bearing BTC ETP. Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security and over 4,700 BTC natively staked in exchange for unlocking Bitcoin utility and rewards. This breakthrough has amassed millions of Core adopters - over 19M unique addresses and 260M transactions since its mainnet launch in January 2023.

About Fireblocks

Fireblocks is an easy-to-use platform to create new blockchain based products, and manage day-to-day digital asset operations. Exchanges, banks, PSPs, lending desks, custodians, trading desks, and hedge funds can securely scale their digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves thousands of organizations in the financial, payments, and web3 space, has secured the transfer of over $4 trillion in digital assets and has a unique insurance policy that covers assets in storage & transit. Find out why CISOs and Ops Teams love Fireblocks at www.Fireblocks.com.