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Haruko integrates Stacks to streamline Bitcoin-based digital asset management for institutions

Haruko integrates Stacks to streamline Bitcoin-based digital asset management for institutions
Harsh Vardhan
Jun 10, 2024, 05:14 AM
  • Haruko integrates Stacks, a leading Bitcoin Layer-2 solution.
  • Institutional investors gain enhanced control and transparency.
  • Integration simplifies management of Bitcoin-based digital assets.

Haruko, a leading provider of digital asset technology solutions, announced plans to integrate Stacks, a prominent Bitcoin Layer-2 (L2) solution.

This integration aims to simplify the management of Stacks exposure and leverage Bitcoin as a programmable asset for institutional investors.

Integration enables seamless investment tracking and management

Upon integration, institutional investors will gain the ability to invest in, track, and manage their STX holdings alongside other tokens and coins.

Hedge funds and other institutional investors will benefit from Haruko's centralized platform, enabling seamless trading, risk management, and reporting for their STX investments.

This enhancement will provide Haruko's clients with improved transparency and control, helping them manage risk more effectively while leveraging the security and stability of the Stacks blockchain.

Mitchell Cuevas, Executive Director at the Stacks Foundation, said:

Improved flexibility, security, and efficiency for digital asset portfolios

Haruko’s integration of Stacks is designed to offer greater flexibility, security, and efficiency in managing digital asset portfolios.

"Haruko is thrilled to integrate with Stacks to enhance our offering for institutional clients," stated Shamyl Malik, CEO and Co-Founder of Haruko.