Digital assets manager Hashnote on Thursday announced it has integrated with Core, a Proof of Stake (PoS) Layer for Bitcoin (CRYPTO: BTC), to offer investors enhanced yield on Bitcoin holdings.

This collaboration introduces a mechanism that allows Bitcoin holders to earn higher returns without additional credit or custody risks.

Core’s staking model leverages Bitcoin’s native timelock function, ensuring a non-custodial process where stakers retain ownership of their assets.

The Dual Staking feature allows investors to amplify their Bitcoin rewards by staking Core’s native token, CORE, alongside Bitcoin.

Hashnote manages the staking process, enabling secure and efficient participation for its users, according to a press release shared with Benzinga.

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Hong Sun, Institutional Contributor at Core said the collaboration showcases the growing demand for secure, sustainable, and scalable Bitcoin yield solutions, especially for institutions.

“Hashnote’s leadership in this space sets the stage for an exciting new era of Bitcoin DeFi,” he said.

Hashnote CEO Leo Mizuhara emphasized the strategic alignment, stating, “We strongly believe in the vision behind Core. Their approach provides a solid foundation for building a sustainable and innovative blockchain ecosystem.”

The integration taps into the expanding Bitcoin Layer 2 ecosystem, which is projected to bridge approximately $47 billion worth of BTC by 2030.

Core currently holds over 30% of the total value locked (TVL) in this sector, with more than 5,300 BTC staked since April 2024.

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