Ethereum Staking Expands Bitwise Acquires Chorus

Bitwise Acquires Chorus One to Enhance Staking Services

• Bitwise Asset Management, with over $15 billion in assets, has acquired Chorus One, adding $2.2 billion in staked assets.
• Chorus One will integrate into Bitwise Onchain Solutions, enhancing services across 30+ proof-of-stake networks.
• The acquisition brings 50 technology specialists to Bitwise’s team and expands its workforce to nearly 200 employees.
• Chorus One supports major blockchain ecosystems including Avalanche, Solana, Sui, NEAR, Aptos, Tezos, and TON.
• The move aligns with increasing demand for yield-generating crypto strategies following U.S. approval of spot crypto ETFs.

Bitwise’s acquisition of Chorus One strengthens its position in the institutional staking market by integrating $2.2 billion in staked assets and expanding its service capabilities across numerous blockchain networks like Avalanche and Solana.