Bitwise acquires Chorus One to expand staking and collateralization services

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ChainCatcher News: Bitwise announces the acquisition of institutional staking service provider Chorus One to expand its staking operations on over 30 proof-of-stake chains. The specific acquisition amount has not been disclosed.

Chorus One manages approximately $2.2 billion in staked assets and will be integrated into Bitwise Onchain Solutions, a subsidiary, to serve institutional investors, family offices, and financial platforms. This acquisition will enhance Bitwise’s staking capabilities and research coverage on chains such as Solana, Hyperliquid, Monad, Avalanche, Sui, NEAR, Aptos, Tezos, TON, and others.

The terms of the deal were not disclosed. About 50 core members of Chorus One will join Bitwise, and co-founder Brian Crain will serve as an advisor to Bitwise.

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