Dossier
Muneeb Ali
Coverage of Muneeb Ali in the Nexus archive.
- UTXO Enters Bitcoin Staking on Stacks, Targets BTC Yield
UTXO Management, a Bitcoin-native asset management company, has joined Bitcoin Staking on the Stacks network, enabling institutions to earn BTC-denominated yield without transferring custody. The protocol uses a 'protocol bond' requiring BTC locked in a Bitcoin timelock and STX tokens, targeting a 3% annual yield through Stacks' Proof-of-Transfer consensus. Top 100 companies now hold over 1.2 million BTC, driving institutional interest in yield-generating strategies.