Bitcoin DeFi Booms as Core Blockchain Reaches $260 Million in Dual-Staked Assets

The Bitcoin blockchain, Core, has surpassed $260 million in dual-staked assets, a significant milestone driven by growing institutional interest in decentralized finance (DeFi). This growth signals the potential for Bitcoin to generate yield even beyond traditional staking methods. 44 million CORE tokens are currently staked with 3,140 Bitcoin, according to Rich Rines, Core’s initial contributor. These stakes translate to a value of approximately $260 million.