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Bitwise Acquires Chorus One to Expand Its Staking Business
Svmuu News: Bitwise announced that it has acquired Chorus One, an institutional staking service provider, to expand its staking business across more than 30 proof-of-stake chains. The specific terms of the acquisition have not been disclosed. Chorus One manages approximately $2.2 billion in staked assets and will be integrated into Bitwise’s Onchain Solutions subsidiary, serving institutional investors, family offices, and financial platforms. The acquisition will enhance Bitwise’s staking capabilities and research coverage across chains such as Solana, Hyperliquid, Monad, Avalanche, Sui, NEAR, Aptos, Tezos, and TON. The terms of the deal were not disclosed. Approximately 50 members of Chorus One’s core team will join Bitwise, and co-founder Brian Crain has been appointed as an advisor to Bitwise. (The Block)
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