The top digital asset custodian in Asia, Hex Trust, has formally joined forces with Core DAO, a leading decentralised autonomous organisation dedicated to interoperability and Bitcoin. Through this agreement, institutional clients in the Middle East and North Africa (MENA) and Asia-Pacific (APAC) areas will be able to stake Bitcoin.
Through safe, legal staking options, Hex Trust and Core DAO are enabling banks, asset managers, and other major investors to extract value from their Bitcoin holdings in a first for the industry. This partnership combines Hex Trust’s regulated, enterprise-grade custody infrastructure with Core DAO’s cutting-edge BTC staking protocols, which together could revolutionise how institutions in quickly expanding regions access yield and decentralised financing.
Core DAO Introduces Bitcoin Staking
Staking Bitcoin holdings can be a great way to earn passive income. However, Bitcoin uses Proof of Work, which doesn’t allow staking. Core DAO has created a cross-chain protocol that lets Bitcoin owners stake their coins with validators. This method allows users to earn rewards without giving up full control of their assets.
Crypto’s institutional growth is exploding in the MENA and APAC areas. Digital assets are being embraced by regulators in major financial centres, including Singapore, Hong Kong, Dubai, and Riyadh. Sophisticated investors, on the other hand, have been looking for transparent and compliant methods to optimise the income from fundamental assets like Bitcoin (BTC).
Hex Trust bridges the gap in compliance. The custodian offers white-glove service and the infrastructure required to meet institutional risk, security, and reporting standards. It is licensed and regulated in a number of financial centres in Asia and the Middle East. Previously unattainable at scale in these areas, its clients can now access Bitcoin staking with strong built-in compliance.
High-value crypto clients have long been concerned about security. From insurance-backed cold storage to multi-signature wallets, Hex Trust’s custody solution offers several tiers of bank-grade security. Hex Trust guarantees that staking activity is as safe as its industry-leading custody by including Core DAO’s BTC staking capabilities straight into its platform.
Both partners emphasize that all staking interactions are transparent, auditable, and compliant with local laws, which are essential for institutional allocators, and that client assets remain in secure custody.Â
READ MORE: Why Did the Stock and Crypto Market Crash Today (19/08)
