Bitwise Expands Into Staking With Chorus One Acquisition

Bitwise Asset Management has acquired Chorus One, a leading institutional staking services provider, signaling a strategic push into on-chain yield generation. The deal integrates Chorus One's staking infrastructure into Bitwise's $15 billion asset ecosystem, though financial terms remain undisclosed. This MOVE underscores Bitwise's ambition to evolve beyond passive crypto exposure.

Staking has become a cornerstone of digital asset management, particularly for institutions chasing yield in a low-rate environment. By absorbing Chorus One's $2.2 billion staking operation, Bitwise can now offer clients direct access to proof-of-stake rewards—transforming staking from a peripheral service to a Core offering. The acquisition aligns with Bitwise's broader strategy of delivering diversified crypto solutions.

Chorus One brings validator infrastructure spanning multiple blockchain networks, allowing institutions to participate in staking without technical overhead. Its integration creates tighter synergies between asset custody and yield generation within Bitwise's platform.