Haruko, a leading firm specializing in digital asset technology for institutional investors, has unveiled plans to integrate with Stacks, a prominent provider of Bitcoin layer-2 (L2) solutions. This integration is poised to simplify the management of digital assets based on Bitcoin for institutional investors.

The forthcoming collaboration between Haruko and Stacks aims to streamline the management of institutional investors' Stacks (STX) holdings. Through Haruko's platform, investors will gain the capability to seamlessly manage, track, and invest in their STX holdings, alongside other digital assets. Leveraging the robust security features of the Stacks blockchain, this integration is anticipated to enhance reporting, risk management, and transparency for investors.

Mitchell Cuevas, Executive Director of the Stacks Foundation, emphasized the significance of this integration, stating that by aligning with institutional-grade platforms like Haruko, Stacks becomes more accessible to key players, thereby fostering the global activation of the Bitcoin economy.

Shamyl Malik, CEO and Co-founder of Haruko, expressed enthusiasm about the collaboration, highlighting its potential to augment their offerings for institutional clients. This integration will empower Haruko to manage digital asset portfolios with heightened flexibility, security, and efficiency, marking a significant leap forward in providing cutting-edge solutions for institutional-grade asset management.

The integration of Stacks and Haruko is poised to deliver several benefits to institutional investors, including simplified management of Stacks exposure and Bitcoin-based digital assets, enhanced control and transparency in on-chain operations, seamless integration of NFTs, smart contracts, and transactions, and the utilization of the Stacks blockchain's enhanced stability and security features, resulting in increased efficiency and flexibility in managing digital asset portfolios.