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, providing an environment where cryptocurrency exchanges and financial institutions can operate BTC within cold wallets without the need for depositing it elsewhere. Babylon Labs enables BTC owners to maintain self-custody while engaging in decentralized finance...