Particle.news

Bitwise Acquires Chorus One to Scale Institutional Staking

The purchase moves $2.2 billion in staked assets with Chorus One staff under Bitwise’s onchain unit to expand staking‑linked offerings.

Overview

  • Bitwise’s staking coverage now spans 30+ proof‑of‑stake networks, including Solana, Avalanche, Sui, Aptos, Hyperliquid, Monad, and Tezos.
  • Roughly 50 Chorus One employees are joining Bitwise Onchain Solutions, with founder Brian Crain serving in an advisory role.
  • Bitwise gains Chorus One’s validator infrastructure and institutional client relationships built since 2018.
  • Financial terms were not disclosed, with Bitwise declining to reveal the purchase price.
  • CEO Hunter Horsley describes staking as a major growth opportunity as Bitwise, managing about $15 billion across 40+ products, positions for potential staking features in future investment vehicles.