DeFi Technologies Stakes 1498 BTC on CoreChain, Plans to Become Validator

IconCryptoNewsTerminal Staff11 Jun, 2024

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DeFi Technologies Stakes 1498 BTC on CoreChain, Plans to Become Validator

DeFi Technologies, the parent company of Valour, has staked 1498 BTC on CoreChain, a Bitcoin EVM compatible blockchain, amounting to approximately $100 million. This move solidifies DeFi Technologies' commitment to the blockchain space and their belief in CoreChain's potential. In addition to the substantial stake, DeFi Technologies will also join CoreChain as a validator, reinforcing their confidence in the project's long-term growth.