Asia's No. 1 Staking Provider HashKey Joins Bitcoin Staking on Stacks

Today in Hong Kong, Muneeb Ali, Founder of Stacks, announced that HashKey Cloud, the institutional staking and yield infrastructure arm of Hong Kong-listed HashKey Group, is joining Bitcoin Staking on Stacks and will participate in the first Stacks Genesis Bond.

HashKey Cloud is the largest institutional staking provider in Asia by assets under management, with HKD 29 billion staked across more than 40 blockchain networks and a track record that includes the first ETF staking service built to Hong Kong SFC standards. Its parent, HashKey Group, provides digital asset services to 1 billion global users and ranks No. 1 in Asia as a digital asset manager by AUM, as an onshore digital asset exchange by trading volume, and as an on-chain services provider by assets under staking, according to Frost & Sullivan. That is the scale of institutions now standing behind Bitcoin Staking from its first term.

The announcement came during "Beyond Holding: The New Era of Bitcoin Yield," a panel at the HashKey Cloud × Cactus Custody Yield on Trust event, an invitation-only gathering of institutional investors, custodians, and exchange partners focused on the institutional market for Bitcoin yield. The institutions most likely to hold Bitcoin at scale are the ones now asking how to make it earn, and that question is what Bitcoin Staking answers.

What Bitcoin Staking Does

Bitcoin Staking on Stacks lets Bitcoin holders earn yield paid in BTC while their Bitcoin stays locked in their Bitcoin wallet. The BTC is locked on Bitcoin for a fixed term, remains under the holder's own control with an early exit option for flexibility, and is returned in full when the term ends. Holders do not need to move their Bitcoin to another network or hand it to a third party in order to earn yield.

For a staking provider like HashKey Cloud, those three properties are what make Bitcoin Staking something it can put in front of clients. Institutional Bitcoin holders tend to hold for the long term and have little appetite for wrapped versions of the asset or yield paid in a token they then need to sell. Bitcoin Staking keeps the Bitcoin where it is and pays the yield in Bitcoin, which is the only version of the product that fits how those clients already operate.

"HashKey Cloud brings the largest institutional staking operation in Asia into Bitcoin Staking, and that is exactly the kind of participant the Genesis Bond is built for," said Muneeb Ali, Founder of Stacks. "Institutions want their Bitcoin to earn Bitcoin without giving up custody or moving it off the base layer. HashKey's clients now have a way to do that."

The First Stacks Genesis Bond

The Stacks Genesis Bond is the first Bitcoin Staking term on Stacks and launches around September 10. HashKey Cloud participates alongside institutional partners including UTXO Management, a subsidiary of the publicly traded Bitcoin treasury company Nakamoto Inc.

The Genesis Bond gives Stacks a public, onchain demonstration of Bitcoin Staking backed by institutional capital. All participating BTC is visible on Bitcoin, so anyone can verify that the mechanism works the way it is described, and the first term produces real participation data that shapes the bonds that follow.

Stacks is the leading Bitcoin layer by BTC deployed, and Bitcoin Staking is how that position becomes a return for the people who hold Bitcoin. HashKey Cloud's participation brings Asia's largest institutional staking base into the first term, and the Genesis Bond is where that starts. Stacks is growing Bitcoin.

Learn more about Bitcoin Staking on Stacks at stacks.co/bitcoin-staking. Institutions and professional investors interested in the Genesis Bond can reach the team at the institutional Bitcoin staking page.

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