Bitwise Enhances Crypto Staking Capabilities with Chorus One Acquisition

Bitwise Asset Management has made a significant move in the digital asset market by acquiring Chorus One, a leading provider of Crypto Staking infrastructure. This acquisition is expected to strengthen Bitwise's position in the market and drive growth through its expanded capabilities.

The deal brings 50 experienced engineers on board, increasing Bitwise's technical capacity and enabling faster development and deployment of staking solutions across over 30 proof-of-stake networks. Chorus One has established a strong reputation for network reliability and uptime, with an operational history spanning eight years in the proof-of-stake landscape.

Bitwise's integration of Chorus One into its Onchain Solutions division is expected to create a more advanced Crypto Staking platform for large institutions. The combined entity will focus on secure execution, stable performance, and reliable staking systems for global users.