The Core Foundation and Maple Finance are collaborating with several custodial institutions to expand the Bitcoin collateral market

The Core Foundation has collaborated with institutional lending protocol Maple Finance and custodian companies BitGo, Copper, and Hex Trust to deeply expand into the Bitcoin collateral field. Core's IstBTC token allows institutional participants to stay safely within trusted custody partners without assuming the risk or operational burden of smart contracts, while earning profits from holding Bitcoin. Maple will issue a liquid collateral token in the next few months, which will allow trading firms and asset management companies to use pledged Bitcoins as collateral for borrowing in the DeFi sector or from trading counterparts.