Bitwise Expands Staking Capabilities through Chorus One Acquisition
Bitwise Asset Management has made a significant move in the digital asset market by acquiring Chorus One, a company with expertise in proof-of-stake networks. This strategic partnership enables Bitwise to expand its staking capabilities across over 30 networks, including Solana, Avalanche, Sui, and NEAR. By integrating Chorus One into its Onchain Division, Bitwise aims to create a more advanced Crypto Staking platform for large institutions.
The acquisition brings in 50 technology professionals, reinforcing Bitwise's engineering and research teams. This combined group focuses on secure execution and stable performance across staking environments, ensuring reliable Crypto Staking systems for global users. Additionally, the integration enhances research coverage and governance analysis across key blockchain ecosystems, supporting accurate reporting and protocol change tracking.