"Revolutionary Bitcoin Staking and ETP Expansion in the Middle East"
Core Chain, a Bitcoin-powered layer-one blockchain, now allows BTC holders to stake their tokens through its consensus mechanism, Satoshi Plus, marking the "first-of-its-kind" non-custodial BTC staking. This move is part of Core's efforts to strengthen its blockchain and expand its utility. Additionally, DeFi Technologies Inc.’s subsidiary, Valour, is launching a yield bearing BTC exchange traded product (ETP) and a Core ETP to provide investors with novel ways to engage with Bitcoin and Core's staking opportunities. Valour also plans to stake $100 million in BTC through the new non-custodial BTC staking product.