Bitcoin staking expands into APAC region via Core, Cobo partnership
Core Blockchain Overview - March 13, 2025
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The Core blockchain by the numbers
Network’s daily transactions: 289.2K (-37.43%)
Total unique addresses: 43.46M (+3.8%)
ERC-20 daily tokens transferred: 32.2K (-39.93%)
Total CORE delegated: 165.77M (-1.56%)
Total BTC staked: 5,991 (+3.92%)
Top 3 Core validators by hybrid score:
The metrics are accurate at the time of publication. The percentage change is over a 14-day period.
Inside the network
🔸What we’re watching: Core partnered with Singapore-based custody and wallet infrastructure provider Cobo to integrate its liquid-staking token, lstBTC.
🔸Why it matters: Cobo serves institutional clients in financial hubs across Asia, Europe, the Middle East and North America. By integration lstBTC into its services, Core can expand its digital footprint into a previously untapped region. This aligns with the network’s goal to offer global accessibility and secure investment avenue for institutions that want to earn yield on their bitcoin.
Since Cobo has regulatory-compliant custody solutions in place, this provides an additional avenue for institutional investors to engage with bitcoin staking in a way that aligns with security and risk management best practices. In turn, it could unlock liquidity within the decentralized finance (DeFi) sector and reinforce bitcoin’s role beyond a store of value and positioning it as an active asset within institutional portfolios.
Core has established partnerships with numerous institutions, but the collaboration with Cobo stands out because of its expansion to Asia.
Since Asia is one of the fastest-growing markets for digital assets (expected to hit $2.16 trillion by 2030), Cobo’s presence could provide Core with a gateway to institutional clients, a part of an emerging financial economy.
🔸The bigger picture: This partnership reinforces Core’s position in globally-accessible bitcoin staking solutions by aligning with a custody provider that institutions engage with.
Unlike partnerships that focus on ecosystem growth or technology integrations, this collaboration aims to be a direct bridge between bitcoin staking and institutional capital.
With growing interest in bitcoin yield strategies, having Cobo within Core’s portfolio of partnerships might turn the tide for regulated entities who are still on edge about engaging with DeFi.
Scaling the ecosystem
Glyph Exchange deployed FairC-20 with the goal to make tokens easier to create on the network
Summer Money integrated b14g’s dual staking token to its cross-chain lending market
B14g reached a new high of $121.4M in TVL on March 9, DefiLlama data shows
Summer Money also saw a new high in TVL of $138.6M on the Core network, according to DefiLlama
Top 3 Core dApps by 7-day unique active wallets:
World of Dypians: 363.66K (+1.49%)
Core Tetris: 116.08K (+9.92%)
Flappy Core: 113.81K (+15.35%)
Source: DappRadar
Check out the Core blog for more updates.
Into the Core community
Initial Core Contributor Rich Rines went on The Rollup podcast to talk about how institutions are integrating bitcoin and Core’s role in it
Watch a step-by-step tutorial by X user blocmates on how to earn yield on bitcoin via Core’s dual-staking mechanism
Akka released an AI agent for users to learn about its ecosystem and BTCfi solutions
Want to build a web3 game on Core, but don’t know where to start? Check out these streams to learn from builders about how to start:
Game mechanics and marketplaces with Pixudi
AI-powered betting games with Bitcoin Derby
Join in the fun
Want to dive deeper into the Core blockchain?
Participate in Season 3 of Core’s Ignition campaign and earn Sparks by engaging with dApps and bridges
Register for Core’s Hacker House in India, a 5-day in-person event from March 17-21 with BTCfi developer workshops
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.