CIMG and Bedrock Explore Institutional DeFi Solutions with BTC Liquid Staking Focus

CIMG has entered into a non-binding memorandum of understanding with Bedrock to investigate compliant institutional-grade decentralized finance (DeFi) solutions, with an initial focus on Bitcoin liquid staking. According to NS3.AI, the collaboration between the two entities is contingent upon further negotiations and formal agreements. The memorandum outlines the potential for cooperation, but emphasizes that any partnership will require additional discussions and formalization.