As reported by Cointribune, Bhutan has staked 320 ETH (approximately $970,000) through institutional validator Figment, marking its active entry into the Ethereum ecosystem. The country is also in the process of migrating its digital identity system from Polygon to Ethereum, aiming for greater security and interoperability. The wallet associated with the Royal Government of Bhutan still holds nearly $1 million in unstaked ETH, indicating potential for further staking. This move positions Bhutan as a pioneer in integrating blockchain into state infrastructure.
Bhutan Stakes $970K in ETH via Figment, Migrates Digital Identity to Ethereum
CointribuneShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.