Xverse Launches Bitcoin Self-Custody Staking Service Without Cross-Chain

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Bitcoin news: Xverse has launched a self-custody staking service for Bitcoin, enabling users to stake sBTC using STX tokens in the Stacks PoX-5 cycle. On-chain updates confirm that Bitcoin remains on the mainnet without cross-chain transfers or wrapping. The feature is available in Xverse v2.9; registration ends on September 9 or when full, with rewards beginning on September 10. Anchors include UTXO, HashKey Cloud, and 21shares. Xverse previously managed 152 million STX in non-custodial staking.

ChainCatcher report, according to CryptoBriefing, Xverse Bitcoin wallet has launched a partnered Bitcoin staking service, allowing users to pair sBTC with STX tokens to participate in Stacks PoX-5 lock-up cycles. During staking, Bitcoin remains on the Bitcoin mainnet and is fully controlled by the user, without requiring cross-chain transfers or wrapping. This feature requires upgrading to Xverse wallet version 2.9. Registration will close on September 9 or when capacity is reached. Staking rewards are expected to begin distribution on September 10 (Bitcoin block 966350, corresponding to Stacks cycle 143). Institutional participants including UTXO (a subsidiary of Nakamoto Inc.), HashKey Cloud, and 21shares have joined as anchoring parties. Previously, Xverse had managed approximately 152 million STX in non-custodial staking.

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