According to Bloomberg, crypto asset management firm Bitwise Asset Management is set to acquire staking service provider Chorus One. The transaction, the financial terms of which were not disclosed, aims to expand Bitwise's staking and yield-generating product offerings in the digital asset space. Chorus One specializes in providing decentralized network staking services for institutional clients and currently manages approximately $2.2 billion in staked assets. Bitwise CEO Hunter Horsley commented that staking represents one of the most compelling growth opportunities for current crypto asset holders.

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