Bitwise Acquires $2.2B Staking Giant Chorus One, Expands to 30+ PoS Chains
Key Takeaways:
Bitwise recently just acquired Chorus One that has over $2.2 billion at stake.
This deal adds more than 30 proof-of-stake networks to Bitwise Onchain Solutions.
Bitwise currently has received over 50 engineers and researchers from Chorus One, enhancing its staking ability.
Bitwise is speeding up strongly in the staking field. By acquiring Chorus One, one of the largest staking service providers for institutions, this $15 billion worth crypto asset manager is making big moves into infrastructure creating on-chain yield. Through this deal, Bitwise strengthens its role in the context that financial institutions look for staking services complying with regulations and big size in different networks.
We’re pleased to announce that Bitwise has acquired Chorus One, a leading institutional staking provider with over $2 billion in staked assets.
The business has been incorporated into Bitwise Onchain Solutions, the staking division of Bitwise, and expands our staking… pic.twitter.com/6TZFIAXgTQ
— Bitwise (@Bitwise) February 24, 2026
Bitwise Expands Institutional Staking Footprint
Its company Chorus One (which was founded in 2018) gained fame on the basis of good validator infrastructure and thorough protocol research. It currently oversees more than $2.2 billion in staked digital assets for institutional clients. The company is now integrated into Bitwise Onchain Solutions (BOS), Bitwise’s staking division. BOS already supports several billion dollars in staked crypto. With this move, Bitwise significantly expands its multichain reach.
There is since over 30 proof-of-stake networks covered by staking, among which are Solana, Avalanche, Sui, Aptos, NEAR, Tezos, TON, Hyperliquid, and Monad. Bitwise CEO Hunter Horsley called staking “one of the most compelling growth opportunities” for clients holding spot crypto assets. The message is clear: yield generation is becoming core infrastructure, not an add-on.
Read More: Bitwise’s Hyperliquid ETF Nears Launch With 0.67% Fee and Built-In Staking Yield
50 Engineers Join, Research Capabilities Deepen
The deal adds 50 experienced technology professionals to Bitwise. The infrastructure engineers and governance researchers of Chorus One will make improvements in the validator ops, monitor systems as well as broadening the coverage of protocols.
Strengthening Onchain Research and Governance
Chorus One has had a reputation of meticulous research on protocol upgrades as well as governance proposals. That research now becomes part of Bitwise’s broader institutional offering.
For big allocators, staking is not just related to profit. This activity also requires insights on validator’s performance, risks of slashing and governance participating levels. This integration helps Bitwise control more strictly in terms of both infrastructure and business analysis ability.
Brian Crain, CEO cum co-founder of Chorus One will move to the position of consultant while the core team will join Bitwise as full time employees.
Nearly 200 Employees as Bitwise Scales Globally
Following the acquisition, Bitwise’s headcount approaches 200 employees worldwide. The firm manages over $15 billion in client assets across ETFs and crypto investment products. Bitwise is making a vertically integrated platform by introducing staking infrastructure under its own roof. Asset management and staking services are now readily available in one ecosystem to institutional investors.
The financial conditions of the deal were not publicized. Keefe, Bruyette & Woods (KBW), a Stifel company, advised Chorus One on the deal. As proof-of-stake networks continue to dominate new blockchain development, staking services are becoming a key revenue stream. Bitwise is positioning itself at the center of that shift, combining asset management scale with deep onchain infrastructure.
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Filed under: Bitcoin - @ February 28, 2026 4:06 pm