HashKey Joins Stacks as Bitcoin Staking Launch Partner and sBTC Signer

Hong Kong-based HashKey Cloud, a leading Bitcoin staking and yield infrastructure provider, has announced its partnership with Stacks, the prominent Bitcoin layer built on top of Bitcoin itself. This collaboration marks HashKey Cloud's involvement as a launch partner for the first Stacks Genesis Bond, set to launch on September 10, and its addition to the signer set responsible for securing sBTC, the protocol facilitating Bitcoin transfers between the Bitcoin base layer and the Stacks network.

HashKey Cloud currently manages over HKD 29 billion in assets across more than 40 blockchain networks, making it the largest institutional staking provider in Asia. Its involvement in Bitcoin Staking and sBTC security brings institutional credibility and expertise to the emerging ecosystem. Stacks Founder Muneeb Ali highlighted the significance of HashKey Cloud's participation at a recent event, emphasizing the demand from institutions for Bitcoin earning opportunities without relinquishing control or moving assets off the base layer.

HashKey Cloud's Chairman and CEO, Dr. Xiao Feng, expressed excitement about joining the Stacks signer network and supporting Bitcoin's infrastructure. The Genesis Bond, an on-chain demonstration of Bitcoin productivity backed by institutional capital, represents a public demonstration of Bitcoin's potential through institutional participation.