Bitwise to Acquire Cryptocurrency Staking Service Provider Chorus One

BlockBeats News, February 4th. According to Bloomberg, cryptocurrency asset management company Bitwise Asset Management is acquiring institutional-grade staking service provider Chorus One. The two parties have confirmed the transaction, but did not disclose the specific acquisition amount. Chorus One primarily offers institutional-grade staking services for decentralized networks, with its current staked assets under management reportedly around $2.2 billion. Bitwise CEO Hunter Horsley stated that staking is "one of the most attractive growth opportunities" for clients holding spot cryptocurrency assets.