Stacks launches first institutional Bitcoin bond with 250 BTC
- —Four institutions locked up ~250 BTC for six months
- —Target yield of ~3% per year in BTC with weekly payouts
- —Yield comes from Stacks miners via Proof-of-Transfer, not from lending
- —Participants hold STX worth ~5% of their Bitcoin position
Why it matters: Institutions can earn yield on Bitcoin without handing over keys or using custodians, which could broaden demand for BTC yield.
Source: Crypto Briefing