Bitwise to Acquire Crypto Staking Service Provider Chorus One, Expanding Yield Product Portfolio

Odaily News: Crypto asset management firm Bitwise Asset Management has agreed to acquire institutional-grade staking service provider Chorus One. Both parties have confirmed the transaction, but the specific acquisition amount was not disclosed.

Chorus One primarily provides institutional-grade staking services for decentralized networks. Data from its official website shows that its current managed staking assets are approximately $2.2 billion. Bitwise CEO Hunter Horsley stated that for clients holding spot crypto assets, staking is "one of the most attractive growth opportunities."

The report points out that the scale of mergers and acquisitions in the crypto industry hit a record high in 2025, with the total transaction value for the year reaching about $37 billion, indicating a clear trend of industry consolidation. Chorus One CEO Brian Fabian Crain also noted that the staking business is more suitable for integration into larger platform ecosystems. (Bloomberg)