Monad staking launches on Bitget via Chorus One, $6m locked in first week

• Chorus One and Bitget have launched Monad staking, targeting 120 million users and successfully locking $6 million in the first week. This initiative aims to provide institutional-grade staking services, enhancing the security and accessibility of cryptocurrency in emerging markets.
• The launch of Monad staking is significant for both Chorus One and Bitget as it positions them as key players in the cryptocurrency staking landscape, potentially attracting a larger user base and fostering greater adoption of secure crypto practices.
• This development reflects a growing trend in the cryptocurrency sector, where platforms are increasingly focusing on institutional-grade services and user security. The recent surge in Monad's token price and the integration with various platforms highlight the competitive nature of the market, as stakeholders navigate challenges such as security concerns and market volatility.

— via World Pulse Now AI Editorial System