RootstockLabs has launched Rootstock Institutional to explore ways for institutions to utilize their $260 billion in idle Bitcoin in DeFi. The new team will focus on strategies for institutions to earn yield on their BTC through lending, borrowing, and other on-chain yield strategies. This move comes as 99% of institutional Bitcoin generates negative returns due to custody fees. Despite this, there is a significant financial opportunity for holders to tap into Bitcoin-native DeFi, which grew 2,700% year over year to $8.6 billion in total value locked.

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