Xverse Launches Self-Custodial Bitcoin Staking Service
Bitcoin wallet Xverse has introduced a pooled Bitcoin staking service, allowing users to pair sBTC with STX tokens for the Stacks PoX-5 lock-up cycle. Assets remain on the Bitcoin mainnet under user control throughout the process, eliminating the need for cross-chain bridges or wrapping. The feature requires Xverse wallet version 2.9. Registration closes on September 9, with rewards expected to begin on September 10 at Bitcoin block 966350. Participating anchor institutions include UTXO, HashKey Cloud, and 21Shares.
Summaries are written by AI from the original article. Not investment advice.