Haruko to improve digital asset management by integrating with Stacks
Haruko, a leading provider of digital asset solutions for institutions, has revealed its intention to integrate with Stacks, the top Bitcoin Layer-2 solution, as reported by Finbold on June 7.
This integration aims to simplify the management of Stacks exposure for institutional investors and utilize Bitcoin as a programmable asset. Mitchell Cuevas, Executive Director at the Stacks Foundation, highlighted the importance of this partnership, stating:
“By connecting with reputable platforms like Haruko, Stacks becomes more accessible to key players, facilitating the global growth of the Bitcoin economy.”
This collaboration will offer enhanced investment and risk management tools for institutional investors. Through the integration of Stacks into Haruko, investors will be able to monitor and manage their STX investments alongside other assets. Hedge funds and other institutions can trade, mitigate risks, and generate reports for their STX holdings using Haruko’s centralized platform.
Clients of Haruko will benefit from increased transparency and control, allowing for more efficient risk management while leveraging the security and stability of the Stacks blockchain. The integration also promises simplified management of Stacks exposure, Bitcoin-based digital assets, consolidation of transactions, smart contracts, NFTs, and improved security and stability through Stacks.
This integration marks Haruko’s dedication to offering cutting-edge solutions for institutional digital asset management. Stacks provides strong smart contract capabilities and decentralized applications, establishing itself as a key player in the digital asset ecosystem. With the upcoming 2024 Nakamoto release, Stacks will offer faster transaction speeds and enhanced security, setting the stage for the introduction of sBTC, a programmable Bitcoin asset.
The partnership between Haruko and Stacks will open up new opportunities for institutional investors, enabling them to maximize the potential of passive BTC capital.
