According to The Block, hardware wallet manufacturer Ledger has officially launched a "Bitcoin Yield" feature, which is made possible through integrations with Lombard and Figment. Jean-Francois Rochet, Ledger's Executive Vice President, said the product aims to expand the ways long-term holders and active traders can interact with Bitcoin and decentralized finance. Ledger noted that although Bitcoin's market capitalization is approximately $210 billion, currently only 1.5% of Bitcoin is active on-chain.
Ledger Wallet Launches 'BTC Yield' Feature Powered by Lombard and Figment
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Summary
BTC news today: Ledger Wallet has launched a new "BTC Yield" feature, powered by Lombard and Figment. The product is designed to enhance how Bitcoin holders and DeFi users interact with the asset. Jean-François Rochet, Ledger's Executive Vice President, said the feature targets both long-term holders and active traders. Only 1.5% of Bitcoin is currently active on-chain, despite its $210 billion market cap. This BTC update marks a step forward in wallet-based DeFi integration.
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