Core Foundation has partnered with Maple Finance, BitGo, Copper, and Hex Trust to announce the launch of lstBTC. lstBTC will become a new type of liquidity, yield-bearing Bitcoin token on the Core blockchain, designed specifically for institutions, aimed at generating yield from idle Bitcoin. By converting Bitcoin into productive assets, lstBTC provides holders with a way to transform billions of dollars into yield while maintaining security, compliance, and liquidity. lstBTC aims to enhance capital efficiency while ensuring security, compliance, and liquidity, allowing institutions to achieve sustainable yield from idle Bitcoin holdings without changing existing custody arrangements.
Unlocking Yield-Bearing Bitcoin Collateral
lstBTC will change the trade-offs faced by institutional Bitcoin holders: using BTC as a safe store of value or sacrificing security or liquidity for yield. lstBTC allows institutions to earn yield paid in Bitcoin without transferring BTC out of trusted custodians.
Currently, over $500 billion in Bitcoin is generating fees in custody accounts, and lstBTC unlocks significant savings potential. It enables institutions to achieve sustainable yield from Bitcoin holdings while keeping principal safe, maintaining liquidity, and ensuring capital efficiency. Maple Finance, with its expertise in institutional credit markets and risk management, is responsible for developing yield generation strategies that comply with regulatory and risk standards, helping lstBTC holders streamline the yield acquisition process without transferring BTC out of custody. By integrating lstBTC into its broader institutional infrastructure, Maple Finance helps institutions maximize capital efficiency without sacrificing security.
Sidney Powell, CEO and co-founder of Maple Finance, stated, “The lack of yield options for Bitcoin has been a glaring gap in the market. Maple is honored to partner with CORE to launch lstBTC, enabling institutions to earn yield from their BTC without sacrificing the security of trusted custodians.”
How lstBTC Works
Institutions can mint lstBTC by depositing Bitcoin into trusted custodians such as BitGo, Copper, or Hex Trust.
lstBTC generates yield while maintaining full liquidity—institutions can trade, transfer, or use lstBTC as collateral.
Upon redemption, holders will receive their original Bitcoin along with proportionate yield, directly deposited into their custody accounts.
lstBTC utilizes the dual-staking mechanism of the Core blockchain, allowing Bitcoin to earn CORE rewards while securing the network. Maple Finance acts as a trusted investment manager, transparently optimizing yield with clear strategies and institutional-grade risk management, while custodians ensure compliance and asset security.
This approach ensures capital efficiency, security, and scalability, providing institutions with a seamless way to earn yield from their Bitcoin holdings without disrupting existing workflows.
What Makes lstBTC Unique
Unlike other Bitcoin yield solutions, lstBTC is designed specifically for institutions, requiring no asset transfers or unnecessary risks.
No changes to custody arrangements—institutions can continue to store Bitcoin with existing custodians.
Real BTC yield—earn yield denominated in BTC through Core's dual-staking mechanism without transferring Bitcoin out of custody.
Fully liquid and scalable—lstBTC can be traded, transferred, or used as collateral while the underlying Bitcoin continues to earn yield.
Built for institutional use cases—seamlessly integrated into existing and new portfolio strategies to enhance returns.
Hong Sun, an institutional contributor at Core DAO, stated, “This collaboration is a breakthrough for institutional Bitcoin holders. lstBTC finally allows institutions to earn yield from their Bitcoin while maintaining their existing custody and security frameworks. By combining Core's dual-staking mechanism, Maple Finance's risk management strategies, and the trusted custody infrastructure of BitGo, Copper, and Hex Trust, lstBTC sets a new standard for institutional Bitcoin solutions.”
Redefining Bitcoin for Institutional Investors
lstBTC enables institutional clients—including portfolio managers, ETP issuers, qualified investors, and market makers—to maximize the productivity of Bitcoin without sacrificing security or operational efficiency. With support from the most trusted brands in asset management, digital asset custody, liquidity, and risk management, lstBTC sets a new standard for institutional Bitcoin yield.
For more information about lstBTC and how it helps institutional Bitcoin holders generate yield securely, please visit lstbtc.coredao.org or contact inquire@coredao.org.
About Core
Core is the first proof-of-stake (PoS) layer for Bitcoin and the largest Bitcoin DeFi ecosystem, combining Bitcoin's unparalleled security with the scalability of the Satoshi Plus consensus. Core's dual-staking mechanism allows Bitcoin holders to earn secure and sustainable yield by staking both BTC and CORE while retaining full control over their assets.
Currently, over 5,500 BTC and 165 million CORE are staked on the Core blockchain, enhancing the utility and security of Bitcoin. Core is the most aligned EVM blockchain with Bitcoin, contributing approximately 80% of Bitcoin mining power to the network's security. This breakthrough has attracted millions of Core adopters—since the mainnet launch in January 2023, there have been over 40 million unique addresses, 350 million transactions, and over $850 million in total locked value (TVL).
For more information, please visit coredao.org.
About Maple Finance
Launched in 2021, Maple Finance is a DeFi institutional lending platform that provides a transparent and verifiable on-chain institutional-grade lending market. As a leader in decentralized finance, Maple is building a global lending ecosystem focused on innovation and accessibility. At the core of this ecosystem is the SYRUP token, set to launch in 2024, which empowers the Maple community through staking, governance, and shared protocol growth. Maple is driving the development of the next generation of institutional credit markets in DeFi.
For more information, please visit www.maple.finance.
About BitGo
BitGo is a leading infrastructure provider for digital asset solutions, offering custody, wallet, staking, trading, financing, and settlement services from regulated cold storage. Since its founding in 2013, we have focused on helping clients securely enter the digital asset space. Through multiple regulated entities, BitGo has a broad global presence, serving thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As a pillar of the digital economy, BitGo processes a significant portion of Bitcoin network transactions and is the largest independent digital asset custody and staking service provider globally.
For more information, please visit www.bitgo.com.
About Copper
Since its founding in 2018, Copper has been dedicated to building the standard for institutional digital asset infrastructure, focusing on custody and collateral management. With award-winning technology, Copper has built a comprehensive and secure suite of products and services for the safe custody and trading of digital assets. At the core of Copper's infrastructure is ClearLoop, which enables clients to manage collateral and settle trades across multiple exchanges while reducing counterparty risk and enhancing capital efficiency.
For more information, please visit www.copper.co.
About Hex Trust
Founded in 2018, Hex Trust provides regulated institutional digital asset custody, staking, and market services for builders, investors, and service providers. Access our comprehensive, secure, and regulated service suite through our proprietary and fully integrated infrastructure.
For more information, please visit www.hextrust.com.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
