‍Bitwise Acquires Chorus One to Expand Crypto Staking ETF Offerings

Bitwise, a prominent crypto asset manager, has acquired Chorus One, a leading staking infrastructure provider. This strategic move is expected to enhance Bitwise's technical capabilities and potentially lead to a wider range of staked exchange-traded funds (ETFs). The integration of Chorus One, which manages over $2.2 billion in staked assets across more than 30 blockchains, will bolster Bitwise's operational scale and expertise in Proof-of-Stake mechanics.

The acquisition positions Bitwise to offer staking rewards as a standard feature in regulated crypto investment vehicles, potentially providing a competitive edge in the delivery of total-return products.

https://cryptovka.com/news/bitwise-acquires-chorus-one-to-expand-crypto-staking-etf-portfolio