Polygon (matic) 
Hashnote Partners with Core to Tap into $47 Billion Bitcoin Bridging Market
On-chain asset manager Hashnote is set to capitalize on the growing Bitcoin bridging market, which is expected to reach $47 billion by 2030. The company has announced a strategic integration with Core, a proof-of-stake (PoS) layer for Bitcoin that enables non-custodial BTC staking.
Key Features of the Partnership
Through this collaboration, Hashnote will utilize Core’s technology to provide users with access to Bitcoin yield without exposing them to additional credit or custody risks. This will be made possible by Core’s dual staking tool, which allows investors to earn more by staking both BTC and CORE, the native token of the Core ecosystem.
This collaboration showcases the growing demand for secure, sustainable, and scalable Bitcoin yield solutions, especially for institutions. Hashnote’s leadership in this space sets the stage for an exciting new era of Bitcoin DeFi.
Some key benefits of this partnership include:
- Full ownership of all staked BTC, thanks to Core’s non-custodial Bitcoin staking mechanism.
- No trust assumptions, slashing, or counterparty risk, due to the use of Bitcoin’s native timelock.
- Exposure to Bitcoin with the potential for higher yields through Core’s dual staking tool.
Market Potential and Growth
Core currently accounts for more than 30% of the total value locked in Bitcoin sidechains. The platform has seen significant growth since its mainnet launch in January 2023, with over 5,300 BTC staked since April 2024 and a total value locked (TVL) of $920 million.
As the Bitcoin layer-2 bridging market continues to grow, Hashnote is well-positioned to establish a foothold in this emerging sector.
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