š„š„š„ Haruko integrates stacks to offer institutional asset management on#bitcoinL2
The integration of Stacks into Haruko's digital asset institutional framework streamlines access to Bitcoin#DEFIassets and products. Stacks focuses on layer 2 solutions, unlocking idle capital within its decentralized protocol. With the launch of numerous dApps, Bitcoin DeFi becomes tangible.
1. Institutional Level DeFi Accessibility:
- Traditionally, institutions limited Bitcoin participation to holding BTC on balance sheets. Haruko helps navigate the emerging Bitcoin layer 2 landscape, offering flexibility, security and efficiency.
2. On-chain asset management:
- Haruko users can track and manage #stx investments along with other tokens. This allows institutions to trade, manage risk and ensure compliance conveniently in one place.
3. Stack leadership in scaling:
- Accumulates leadership in the Bitcoin scaling landscape, offering greater performance, security and support for low fees.
4. Growing institutional interest in DeFi:
- More adventurous funds explore DeFi, with Stacks gaining regulatory approval to host such activity.
5. STX Token Performance:
- STX token value has doubled so far this year, driven by price increases of $BTC and $ETH . Grayscale's launch of STX-only trusts underlines growing institutional interest.
Source ā Financemagnates.com
