🚀 Hex Trust integrates with Babylon's Bitcoin Staking protocol to allow institutions to stake BTC directly. Hex Trust () is a leading digital asset financial institution that has integrated with Babylon's Bitcoin Staking protocol ( ) to enable Hex's clients to stake Bitcoin natively without wrapping or removing Bitcoin from the system. ✅ With this integration, Hex Trust's institutional clients holding long-term BTC can utilize their idle Bitcoin to generate returns through staking without needing to transfer it out of their accounts. 🔒 As Hex Trust is a Finality Provider at the institutional level, clients will be able to access Babylon's Bitcoin Staking protocol directly through Hex Safe, a licensed and highly secure platform for institutional asset custody. 🎯 Benefits for Clients - Custodial Staking: Clients' BTC is not transferred out of Hex Trust's wallet. - Advanced security measures: Uses Extractable One-Time Signatures (EOTS) to protect staking without the need for smart contracts. - User-friendly: Stake BTC even without technical knowledge through Hex Trust. 🧱 Supporting the Babylon Genesis ecosystem Hex Trust also offers staking for the BABY token, which can be used to: - Participate in Babylon's governance. - Receive benefits and rewards from staking. - Access BTCFi (Bitcoin-based DeFi) services within the Babylon ecosystem. 🌐 Phase 2 of Babylon Genesis This integration occurs during Babylon Genesis Phase-2, which officially launched the Babylon Genesis chain (L1). This chain is designed to connect Bitcoin with the broader crypto world while maintaining the trustless principles that are the heart of Bitcoin. Partnering with Hex Trust is another significant step in enhancing Bitcoin's usability, increasing its value, and making it safer in the era of modular blockchain infrastructure. Hex Trust thus becomes a platform that enables institutions to securely access new rewards and returns. 🔗 Read more: 🏛️ About Hex Trust Founded in 2018, Hex Trust is a licensed provider for institutional digital asset custody, offering staking services and various markets for developers, investors, and service providers. 🌐 Website: 📍 LinkedIn: 📍 X: Reference information:
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