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Blockstream has launched the Blockstream Mining Note 2 (BMN2), a security token providing exposure to Bitcoin mining operations specifically for non-U.S. investors. The BMN2 token is designed to offer investors 1 PH/s of Blockstream's mining power and is compliant with EU regulations. This marks the third series of Blockstream's security token offerings, following the success of their previous BMN1 note. The company aims to raise $10 million through this new investment round. Additionally, competition in the Bitcoin staking market is intensifying with new offerings from various platforms. Coredao launched its LstBTC liquid staking token, while Zest Protocol introduced the BTCz token, supported by Binance Labs and Tim Draper, enabling Bitcoin holders to earn staking yields through the Babylon Protocol.
Now tracking @AdrasteaFinance on @solana Adrastea is a composable leverage protocol designed to facilitate isolated boosting, with the goal of simplifying the process and enhancing yield https://t.co/7RUxeMX9CJ
We covered Blockstream's inaugural Mining Note (BMN1) note back in 2021 and observed the product as it came to the end of its lifecycle. Building on its success, Blockstream has recently launched a second note, the BMN2. In this blog post, we look back at BMN1 and explore the…
ZEST PROTOCOL’S FIRST YIELD-BEARING BITCOIN PRODUCT - ‘BTCz’ - Bitcoin-focused lending platform, @ZestProtocol, has today introduced its first BTC-yield product - the $BTCz token. - The $BTCz token provides holders with yield via @babylonlabs_io, and provides security by… https://t.co/RGkkgMvqXI https://t.co/fc9UPYs9c1
