- Bitwise acquires Chorus One, expanding its institutional staking services portfolio.
- Chorus One’s staking infrastructure adds value to Bitwise’s product offering.
- Ethereum staking demand drives Bitwise’s strategic expansion into yield solutions.
Bitwise Asset Management has acquired Chorus One, a leading provider of institutional staking services, marking a significant expansion of its product offering. The companies have not disclosed the financial details of the acquisition, but this move underscores Bitwise’s commitment to strengthening its yield-generating solutions for clients. With this acquisition, Bitwise aims to offer a more diverse range of opportunities to its growing client base.
Broadening Product Offering for Clients
Bitwise, which currently manages over $15 billion in assets globally, has increasingly sought to broaden its range beyond crypto funds. Recently, the firm launched model portfolio solutions to help financial advisers allocate digital assets to match varying risk profiles. The addition of Chorus One’s staking infrastructure enables Bitwise to tap into the growing institutional demand for staking services.
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Chorus One, known for its expertise in staking infrastructure, currently oversees $2.2 billion in staked assets. The company’s CEO, Brian Fabian Crain, expressed that this consolidation of resources within a larger platform was necessary as staking becomes a central focus for many digital asset holders. He noted that it was becoming clear that staking services were better integrated within a broader platform.
The Growing Trend of Staking and M&A in Crypto
This acquisition is set against the backdrop of rising institutional interest in staking, particularly within the Ethereum ecosystem. Ethereum’s Beacon Chain recently saw a significant milestone, surpassing 36 million ETH staked, representing about 30% of its circulating supply. This spike highlights the growing recognition of staking as a reliable growth strategy for crypto assets.
The deal between Bitwise and Chorus One is part of a broader wave of mergers and acquisitions (M&A) that is reshaping the cryptocurrency sector. In 2025, crypto M&A transactions surged to record highs, with over 265 deals valued at nearly $8.6 billion. This reflects a significant shift in the industry as more firms look to diversify and consolidate their positions.
As more capital flows into the digital asset ecosystem, the need for infrastructure and services like staking has never been more apparent. With Bitwise now strengthening its portfolio, the firm is positioning itself to capitalize on the growing trend.
In conclusion, this acquisition demonstrates Bitwise’s strategic shift towards offering integrated solutions, combining its investment expertise with Chorus One’s staking infrastructure. This deal, alongside the broader M&A trends in the sector, highlights the increasing institutional focus on digital assets as a key growth engine.
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