Core Chain has rolled out Non-Custodial BTC Staking, an unprecedented feature allowing Bitcoin (BTC) to generate yield prospects, marking an innovative realm for Bitcoin in its history. This enhancement emerges as Exchange Traded Funds (ETFs) initiative in BTC ownership and the imminent Halving event poses a challenge to diminishing miner incentives. With Non-Custodial BTC Staking, all BTC holders can earn yields by engaging with Core Chain's consensus mechanism without compromising ownership, offering security while interacting with the network.

The partnership between the DeFi Technologies subsidiary Valour and Core Chain aims at developing pioneering financial products that utilize Core Chain's distinct blockchain capabilities to introduce unique ETPs. This collaboration seeks to introduce advanced financial instruments unleashing Bitcoin's potential as an investment asset within the digital realm, enabling native BTC yield through Non-Custodial BTC staking function powered by Core Chain's platform.

Valour's participation involves operating a validator node on the Core Blockchain network, reinforcing network security and efficiency while aligning with Core Chain's staking and security features. In tandem, Valour's strategic BTC staking investment of $200 million with Core Chain underscores the joint commitment towards innovative investment opportunities in the digital asset landscape.

Olivier Roussy Newton, CEO of DeFi Technologies, highlighted the evolving convergence between traditional finance and decentralized finance, manifesting in the launch of novel ETPs that unlock Bitcoin's yield potential, representing a pivotal shift in investment dynamics. The collaboration signifies a strategic commitment to augmenting Bitcoin's utility and offers progressive investment avenues within the cryptocurrency domain.

The advent of Non-Custodial BTC Staking sets a groundbreaking precedent for BTC's evolution by cultivating an era where Bitcoin holders can engage directly in staking, transforming BTC into a yielding asset and fortifying Core Chain’s decentralized framework. This mechanism signifies a transformative phase that empowers users to earn from BTC holdings while actively contributing to Core Chain's security and evolution.

By embracing Non-Custodial BTC Staking, Bitcoin users can partake in Core Chain’s consensus model, enhancing network security and fortifying Core Chain’s standing as a Bitcoin-optimized blockchain. This progressive venture signals a collaborative journey between DeFi Technologies, Valour, and Core Chain, envisioning a convergence between Bitcoin's foundational capabilities and DeFi innovations to unlock unparalleled investment opportunities in the digital asset landscape.