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The Core Foundation in partnership with Maple Finance, BitGo, Copper, Hex Trust has launched a Bitcoin token designed for institutions to earn return from idle BTC.

IstBTC has announced a new liquid, yield-bearing Bitcoin token specifically designed for institutions to reap back billions of dollars while maintaining security, compliance, and liquidity.

Institutions can mint lstBTC by depositing Bitcoin with custodians like BitGo, Copper, or Hex Trust. Unlike other tokens, IstBTC accumulates yield while remaining fully liquid. That way, institutions are able to trade, transfer, or pledge lstBTC as collateral.

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