Bitwise Acquires Chorus One to Boost Institutional Crypto Staking

TLDR

  • Bitwise acquires Chorus One, rapidly expanding staking capabilities across over 30 proof-of-stake (PoS) networks.
  • The Chorus One deal adds 50 engineers to enhance Bitwise’s staking operations.
  • Bitwise Onchain Solutions grows its footprint, targeting institutions seeking yield-generating opportunities.
  • Chorus One brings robust infrastructure expertise across Solana, AVAX, Sui, NEAR, Aptos, and more key blockchains.
  • The acquisition boosts research capabilities, governance monitoring, and staking service reliability.

Bitwise Asset Management has advanced its expansion strategy by acquiring Chorus One to strengthen its crypto staking operations. The firm aims to widen its reach across major proof-of-stake networks and boost its technical capacity, positioning Bitwise for faster growth as demand for structured crypto staking solutions continues to rise.

Bitwise Expands Staking Capabilities Under Its Onchain Division

Bitwise integrated Chorus One into its Onchain Solutions division to build a larger, more advanced crypto staking platform. The division now supports broader activity across over 30 networks and manages several billion dollars in staked assets. The acquisition increases scale and creates a unified operational structure that enhances service delivery for large clients.

Moreover, the company added 50 technology professionals to reinforce its engineering and research teams. The combined group now focuses on secure execution and stable performance across staking environments, with Bitwise aiming to use this foundation to create reliable crypto staking systems for global users.

The firm also strengthened its research coverage and governance analysis across key blockchain ecosystems. This enhancement supports accurate reporting and helps clients track protocol changes more effectively, with Bitwise expecting these improvements to boost transparency and trust in its staking activities.

Chorus One Brings Technical Depth Across Major Blockchains

Chorus One has built infrastructure across platforms like Solana, Avalanche, Sui, NEAR, Aptos, Tezos, and TON. The company has a strong track record in network reliability and maintained consistent uptime across its supported chains, with its engineering teams providing the technical base that enabled broad market reach.

The Chorus One team now joins Bitwise, bringing an eight-year operational history in the proof-of-stake landscape. This background aligns with Bitwise’s long-term vision for integrated crypto staking frameworks, as both organizations share a technical culture focused on open-source tools and performance-driven systems.

Chorus One’s leadership transitions into advisory roles to support the merger process. This shift ensures continuity while allowing Bitwise to guide the combined roadmap, with the new structure aiming to create a more advanced crypto staking platform for large institutions.

Bitwise Strengthens Position in the Digital Asset Market

Bitwise now operates with nearly 200 employees post-acquisition. The expanded workforce supports its shift to a vertically integrated model, covering ETFs, infrastructure services, and crypto staking within a single structure.

The firm also widened its product base as institutional demand for yield-focused crypto strategies grew— a trend that accelerated after spot ETF approvals encouraged more structured asset management approaches. Bitwise plans to connect these offerings with staking tools to deliver more consistent returns.

The acquisition signals a long-term move toward deeper onchain participation, strengthening Bitwise’s presence in the global digital asset ecosystem. The company views crypto staking as a core growth driver as participation expands across more networks.