Bitwise Deepens Yield Strategy With Chorus One Acquisition

Bitwise Asset Management is acquiring Switzerland-based institutional staking services provider Chorus One to expand beyond into yield-generating infrastructure. At the time of writing, the terms of the deal were not disclosed, but both companies have confirmed the acquisition. According to Bloomberg, Chorus One operates staking infrastructure across multiple decentralized networks and has roughly $2.2 billion in staked assets. For asset managers, staking has increasingly become a way to turn spot hold ...