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โ›“๏ธ Crypto๐ŸŸข BullishImportance 6/10

Bitwise Expands Staking Capabilities with Chorus One Acquisition

The Defiant|DefAInt||6 views
Bitwise Expands Staking Capabilities with Chorus One Acquisition
Image via The Defiant
๐Ÿค–AI Summary

Bitwise Investments has acquired institutional staking provider Chorus One, significantly expanding its staking capabilities across more than 30 proof-of-stake networks. This acquisition enhances Bitwise's ability to offer comprehensive staking services to institutional clients in the growing PoS ecosystem.

Key Takeaways
  • โ†’Bitwise acquired institutional staking provider Chorus One to expand its service offerings.
  • โ†’The acquisition provides access to more than 30 proof-of-stake networks for clients.
  • โ†’This move strengthens Bitwise's position in the institutional crypto services market.
  • โ†’The deal reflects growing institutional demand for staking services across multiple blockchain networks.
  • โ†’Bitwise continues its expansion strategy by acquiring specialized crypto infrastructure providers.
Read Original โ†’via The Defiant
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