Professional firms including 21shares and Fireblocks began bonding assets to earn native yield on the Stacks network. This protocol enables Bitcoin holders to receive payouts in BTC while keeping their coins on the Bitcoin L1, requiring the use of STX tokens to unlock the necessary staking capacity.

The inaugural Genesis Bond period includes HashKey Cloud, Sypher Capital and UTXO Management, which trades as Nakamoto Inc. on the Nasdaq. The 250 BTC locked in this first institutional bonding window establishes a self custodial yield mechanism for asset managers without requiring them to move assets off the primary layer.