From Yahoo Finance: 2025-06-06 21:09:00

Elastos, a blockchain network, merges mines with Bitcoin to enhance security. Institutions can now mint stablecoins backed by Bitcoin collateral and generate liquidity without selling core holdings. By utilizing BeL2, users can lock Bitcoin on the chain and access smart-contract functionality. Additionally, institutions can earn yield by staking ELA tokens and merge-mining with major pools like Antpool and Binance Pool. Elastos plans to expand into tokenized asset markets, allowing institutions to invest in digital assets while financing purchases with stablecoins. This innovative approach bridges Bitcoin’s security with decentralized finance for enhanced liquidity and yield opportunities.



Read more at Yahoo Finance: Mint stablecoins, generate yield, manage assets