Anchorage Digital to support Bitcoin staking on Stacks for institutions
- —Anchorage Digital will add institutional BTC staking support on Stacks
- —Participants lock BTC on Bitcoin L1 and STX on Stacks for a fixed term
- —Rewards are paid weekly in BTC without altering the Bitcoin protocol
- —Investors keep custody of their assets throughout the program
Why it matters: It broadens institutional access to Bitcoin yield via Stacks and could support demand for both BTC and STX.
Source: Crypto Briefing