Key takeaways: Canadian company DeFi Technologies has unveiled its CoreFi strategy to leverage the leverage of bitcoin and core.
the main #blockchain , which is closely related to #Bitcoin , uses a 2x rate to increase Bitcoin's profitability, supported by broad network security and an evolving ecosystem.
CoreFi Strategy is a recently announced platform provided by Canadian company #DeFi Technologies that provides regulated returns on Bitcoin and #CORE , the underlying asset of the CORE blockchain.
The strategy is based on the MicroStrategy bitcoin accumulation model to take full advantage of BTCfi, a rapidly growing sector of bitcoin-based financial applications.
CoreFi's strategy aims to grow treasury assets through a combination of BTC and core bets combined with innovative financing. This gives capital market participants access to high beta bitcoin returns in a compliant manner and attracts investors who want access to the BTCfi sector.
CoreFi's strategic approach utilizes the core blockchain betting mechanism and uses core tokens to generate additional bitcoin betting revenue.
Earlier this year Valour, a subsidiary of DeFi Technologies, launched 2 core products: the Bitcoin ETP, a revenue-generating Bitcoin ETP, and the CORE ETP. The Bitcoin ETP has a yield of 5.65% on bitcoin bets, making it the first to integrate a non-custodial core bitcoin betting product.
the CORE ETP will be listed on the Börse Frankfurt exchange in Germany, allowing institutional investors to access CORE through regular securities accounts, further expanding access to CORE among institutional investors.
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