🔥🔥🔥 Haruko Integrates Stacks to Deliver Institutional Asset Management on #bitcoin L2
The integration of Stacks into Haruko's institutional digital asset framework streamlines access to Bitcoin assets and #DEFI products. Stacks focuses on layer 2 solutions, unlocking dormant capital within its decentralized protocol. With numerous dApps launched, Bitcoin DeFi becomes tangible.
1. Institutional-grade DeFi Accessibility:
- Traditionally, institutions limited Bitcoin involvement to holding BTC on balance sheets. Haruko assists in navigating the emerging Bitcoin layer 2 landscape, offering flexibility, security, and efficiency.
2. On-chain Asset Management:
- Haruko users can track and manage #stx investments alongside other tokens. This empowers institutions to trade, manage risk, and ensure compliance conveniently in one place.
3. Stacks' Leadership in Scaling:
- Stacks leads in the Bitcoin scaling landscape, offering greater throughput, security, and support for low fees.
4. Growing Institutional Interest in DeFi:
- More adventurous funds explore DeFi, with Stacks securing regulatory approval for hosting such activity.
5. STX Token's Performance:
- STX token value doubled year-to-date, driven by $BTC and $ETH price rises. Grayscale's launch of STX-exclusive trusts underscores growing institutional interest.
Source - financemagnates.com