May. 28, 2026
Jersey City, New Jersey, USA, May 28th, 2026, Chainwire
Institutional Bitcoin holders can now earn BTC-denominated yield without leaving Bitcoin.
Stacks Labs and UTXO Management, the Bitcoin-native asset management subsidiary of Nakamoto Inc. (NASDAQ: NAKA), today announced that UTXO will be an inaugural participant for Bitcoin Staking on Stacks, deploying a portion of its existing BTC holdings into the protocol. This makes UTXO among the first institutional Bitcoin managers to pursue Bitcoin-denominated yield while retaining full custody of its Bitcoin on the base layer.
In Bitcoin Staking, participants form “protocol bonds” by pairing a BTC timelock on Bitcoin with a corresponding STX lock on Stacks for a 6-month bonding period, earning a target BTC yield while their Bitcoin remains on the base layer under participant-controlled keys. Yield is generated through Stacks’ Proof-of-Transfer (PoX) consensus mechanism, in which miners bid BTC to compete for Stacks block rewards; that miner-paid BTC is then distributed to eligible staking participants. STX locks determine each participant’s staking capacity.
