Bitwise to acquire crypto staking provider Chorus One: Bloomberg
Summary
Crypto asset manager Bitwise Asset Management is acquiring institutional staking services provider Chorus One to enhance its suite of yield-generating products, though the acquisition size was not disclosed. Bitwise CEO Hunter Horsley noted that staking is a compelling growth opportunity for their clients. Chorus One, which manages about $2.2 billion in staked assets, sees integration into a larger platform as inevitable, according to its CEO Brian Fabian Crain. This move aligns with broader institutional interest in staking, particularly for Ethereum, where staked assets recently hit an all-time high, representing about 30% of the circulating supply. The acquisition also reflects a significant M&A wave in the digital asset industry, which saw record transaction volumes in 2025.
(Source:The Block)