#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Blockdaemon launches DeFi and stake services Earn Stack for institutions.
Gate News bot message, institutional-grade blockchain infrastructure provider Blockdaemon announced the launch of its Decentralized Finance (DeFi) and stake service Earn Stack.
The company announced on Thursday that this new service aims to provide institutions with DeFi and stake opportunities through more than 50 protocols, and supports access to numerous DeFi pools and bridges.
Blockdaemon claims that its new product complies with the latest guidelines released by the U.S. Securities and Exchange Commission (SEC), enabling "secure, non-custodial staking and streamlined DeFi access." The company states that its institutional-grade services benefit from its ISO 27001 cybersecurity certification and SOC 2 compliance for customer data management standards.
Blockdaemon founder and CEO Konstantin Richter stated, "Cryptocurrency native institutions and protocol developers need institutional-grade infrastructure." He mentioned that the platform guarantees "100% confiscation protection and seamless Decentralized Finance integration through institutional-grade APIs."
Earlier reports suggested that Blockdaemon is considering an IPO next year. Richter stated at that time, "Let's see how things are in 2025, and then I think 2026 will be a year we might want to pursue similar goals."