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Cobo helps clients successfully stake 4,160 BTC in Babylon Cap-2 and will launch the Babylon native Staking APP.

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#DeFi
Odaily
369Words
Oct 9, 2024

Digital asset custody and wallet technology provider Cobo announced that over 4,160 $BTC have been successfully staked through Cobo's $BTC Staking API based on the Bitcoin staking protocol Babylon Cap-2. The Cobo $BTC Staking API encompasses the entire staking process, supporting UTXO splitting, pre-signing of staking transactions, and batch broadcasting. Its adaptability and processing efficiency create advantages for users in the competition, allowing them to capture limited staking shares. In addition, Cobo's one-stop custody and wallet technology platform, Cobo Portal, will soon launch a native $BTC staking app, enabling Cobo's institutional users to independently participate in Babylon $BTC staking through the Cobo MPC wallet.

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