Bitwise Expands Its Multichain Reach With Acquisition of Chorus One
Bitwise Asset Management Strengthens Its Position With Chorus One Acquisition
In a move that stateably enhances its capabilities in the cryptocurrency sector, Bitwise Asset Management, a leading crypto asset management firm with over $15 billion in assets, has officially acquired Chorus One, a company recognized for its institutional staking services with over $2.2 billion in staked assets. This strategic acquisition will be integrated into Bitwise's Onchain Solutions (BOS), which emphasizes providing expert staking services to institutional investors, family offices, and financial platforms.
Strengthening Staking Infrastructure
Chorus One has built a strong reputation since its creation in 2018 and boasts extensive expertise in both infrastructure and research related to cryptocurrency staking. The addition of their services will expand Bitwise's offerings by allowing for staking across more than 30 Proof-of-Stake networks, including popular platforms such as Solana, Avalanche, and Ethereum 2.0. This advancement will provide Bitwise's clients with improved access and management of their staking assets, paving the way for more advanced portfolio growth strategies.