According to BlockBeats, on October 9, digital asset custody and wallet technology provider Cobo announced that in the Bitcoin staking protocol Babylon Cap-2 deposit activity, a total of more than 4,160 BTC were successfully staked through Cobo's Babylon-based BTC Staking API.

Cobo BTC Staking API covers the complete staking process, supporting UTXO splitting, staking transaction pre-signature, and batch broadcasting.

In addition, Cobo's one-stop custody and wallet technology platform Cobo Portal will launch the BTC native Staking APP. At that time, Cobo's institutional users can participate in Babylon BTC staking through the Cobo MPC wallet.