Bitwise Acquires $2.2B Staking Giant Chorus One, Expands to 30+ PoS Chains
Key Takeaways:Bitwise Expands Institutional Staking Footprint50 Engineers Join, Research Capabilities DeepenStrengthening Onchain Research and GovernanceNearly 200 Employees as Bitwise Scales Globally
Following the acquisition, Bitwise’s headcount approaches 200 employees worldwide. The firm manages over $15 billion in client assets across ETFs and crypto investment products. Bitwise is making a vertically integrated platform by introducing staking infrastructure under its own roof. Asset management and staking services are now readily available in one ecosystem to institutional investors.
The financial conditions of the deal were not publicized. Keefe, Bruyette & Woods (KBW), a Stifel company, advised Chorus One on the deal. As proof-of-stake networks continue to dominate new blockchain development, staking services are becoming a key revenue stream. Bitwise is positioning itself at the center of that shift, combining asset management scale with deep onchain infrastructure.
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