Bitwise Acquires Institutional Staking Provider Chorus One to Expand Blockchain Services

Bitwise Acquires Institutional Staking Provider Chorus One to Expand Blockchain Services

The acquisition strengthens Bitwise’s onchain solutions with $2.2B in staking assets and 50 experts, broadening PoS network coverage for institutional clients.

Fact Check
Multiple authoritative and primary sources, including Bitwise Asset Management's official newsroom announcement and a corresponding press release distributed through major financial and crypto news outlets, confirm that Bitwise has acquired the institutional staking provider Chorus One. These sources directly quote Bitwise leadership, describe the integration of Chorus One into Bitwise’s staking division, and have been republished by credible platforms such as PRNewswire, Binance, and Yahoo Finance. There are no sources suggesting that the acquisition did not occur or has been denied by either party. All available evidence is consistent, timely, and originates from the acquiring company’s official communications. Therefore, the claim that Bitwise has acquired institutional staking provider Chorus One is almost certainly true, with a high degree of confidence.
Summary

Bitwise Asset Management, overseeing more than $15 billion in assets, has acquired institutional staking provider Chorus One, which manages $2.2 billion in staking assets. The integration expands Bitwise Onchain Solutions' support to over 30 proof-of-stake networks and adds 50 technical professionals. The move enhances institutional staking services and infrastructure capabilities across major PoS ecosystems.

Terms & Concepts
  • Staking: Locking crypto to help secure a proof-of-stake blockchain and earn rewards, typically by delegating to or operating validators.
  • Proof-of-Stake (PoS): A consensus mechanism where validators are chosen to produce blocks based on the amount of cryptocurrency they stake.