‍Bitwise Acquires Chorus One, Expanding Institutional Staking Services

Bitwise Asset Management is set to acquire Chorus One, a leading institutional staking provider. This strategic move significantly expands Bitwise's presence in the decentralized yield sector, integrating a key infrastructure player into its existing crypto asset management offerings.

The acquisition of Chorus One brings approximately $2.2 billion in staked assets under management, responding to increased institutional demand for regulated yield products. This deal occurs amid surging interest in Ethereum staking, with a significant portion of ETH already staked and substantial wait times for new validators.

This acquisition is part of a record year for crypto M&A, with Bitwise's deal reflecting a broader industry trend of consolidation and diversification of services by established firms.

https://cryptovka.ru/en/news/8806/bitwise-acquires-chorus-one-to-expand-institutional-staking-services