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>>Bitwise’s purchase of Chorus One opens up huge institutional staking opportunities on over 30 blockchains.

Bitwise’s purchase of Chorus One opens up huge institutional staking opportunities on over 30 blockchains.

crypthub

about 8 hours ago

Acquisition Overview

Bitwise Asset Management completed its purchase of Chorus One on March 15, 2025, creating a leading institutional staking provider. The combined platform now offers staking across more than 30 proof‑of‑stake blockchains, linking Bitwise’s index‑fund clientele with Chorus One’s validator expertise. This merger reshapes the global crypto‑asset management landscape.

Strategic Expansion

The deal expands Bitwise’s footprint beyond ETFs into on‑chain services via a new Onchain Solutions division, where former Chorus One staff are integrated. By bundling passive investment products with active staking rewards, clients gain a vertically integrated solution. The move mirrors traditional finance trends of asset managers adding adjacent services.

Technical and Market Impact

Chorus One’s infrastructure supports networks such as Ethereum, Solana, Cosmos and Polkadot, and must be merged with Bitwise’s compliance systems. Institutional staking, now over $800 bn locked, grew 300 % from 2023‑2025, offering 3‑12 % yields that attract low‑rate investors. The unified platform promises high validator uptime, security and diversified risk management.

Regulatory and Competitive Landscape

Regulatory clarity improved in 2024‑25, with SEC guidance and EU MiCA addressing staking‑as‑a‑service. Bitwise leverages its compliance framework to assure institutional partners and to stay ahead of smaller staking firms. The scale of the combined operation creates a competitive moat and may spur further consolidation.