Ginco Partners with Babylon Labs to Advance 'BTCFi 2.0'

Ginco Corporation, a provider of blockchain infrastructure, announced on the 1st that it has entered into a strategic partnership with Babylon Labs.

The two companies are promoting 'BTCFi 2.0', which allows for the utilization of BTC without entrusting its management to a third party.

Specifically, Ginco's wallet services are integrated with Babylon's self-managed staking technology, enabling cryptocurrency exchanges and financial institutions to operate BTC within cold wallets without the need for depositing them elsewhere.

Babylon Labs enables BTC owners to maintain self-custody while engaging in decentralized finance...