Crypto.news met with Olivier Roussy Newton, CEO of DeFi Technologies, to discuss Valor Bitcoin Staking ETP - the first product to combine Bitcoin with staking mechanisms. 📈

Traditionally, Bitcoin holders have missed out on staking opportunities available to other cryptocurrencies due to Bitcoin's reliance on the Proof-of-Work (PoW) consensus mechanism. In contrast, Proof-of-Stake (PoS) allows users to verify transactions based on the number of coins they hold and stake.

New innovations are addressing this issue by offering ways to stake Bitcoin. For example, blockchain networks such as Core Chain allow Bitcoin staking through mechanisms that combine elements of PoW and PoS.

The Valor Bitcoin Staking ETP leverages this technological breakthrough by providing a secure and regulated path for investors to earn staking rewards directly through Bitcoin.