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Algorand (ALGO) Strengthens Institutional Staking Through Hex Trust Partnership
Algorand (ALGO) Strengthens Institutional Staking Through Hex Trust Partnership
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[TRADE_PLUGIN]ALGOUSDT,ALGOUSDT[/TRADE_PLUGIN]
Algorand ALGO News -
The Algorand Foundation has expanded its collaboration with Hex Trust, providing institutional investors with access to staking rewards on its Pure Proof-of-Stake blockchain. This partnership utilizes Hex Trust's regulated custody platform to boost decentralization while ensuring compliance and security.
This development follows Algorand's recent partnership with Paycode to enhance blockchain payments in underserved regions. Institutional adoption of Algorand's infrastructure is accelerating through strategic alliances that merge traditional finance with Web3 solutions.
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