TREE NEWS update: Sui-based Bitcoin finance protocol Hashi has secured more than $500 million in commitments ahead of its mainnet launch. Anchorage will provide institutions with settlement and self-custody services for the platform.
Sui’s Hashi to launch with $500M in Bitcoin finance commitments
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AI take
The pitch here is institutional-grade Bitcoin finance, not retail DeFi: pairing a $500M commitment base with a custody provider signals that the target is balance-sheet capital that needs settlement and self-custody before it touches a chain. That makes Hashi a test of whether Bitcoin holders will accept a non-Bitcoin network as a venue for yield, and whether custody arrangements are enough to satisfy compliance teams. The open question is whether those commitments convert into live, recurring activity after launch, rather than parked capital.
Generated by AI for reference only.
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