- Bitwise recently acquired Chorus One, which has more than $2.2 billion at stake.
- This deal adds more than 30 proof-of-stake networks to Bitwise Onchain Solutions.
- Bitwise has currently hosted more than 50 engineers and researchers from Chorus One, increasing its deployment capacity.
Bitwise is accelerating sharply in the staking space. By means of acquiring Chorus Oneone of the largest providers of staking services to institutions, this $15 billion crypto asset manager is making big moves in infrastructure, driving on-chain returns. Through this deal, Bitwise strengthens its role in the context where financial institutions are looking for staking services that are compliant with regulations and have large scale across networks.
We are pleased to announce that Bitwise has acquired Chorus One, a leading institutional staking provider with over $2 billion in invested assets.
The company has been included in Bitwise Onchain Solutions, the staking division of Bitwise, and is expanding our staking division… pic.twitter.com/6TZFIAXgTQ
— Bitwise (@Bitwise) February 24, 2026
Read more: Bitwise Files Spots SUI ETF With SEC, Offers Direct Exposure and Stake Yield to Tap into $5 Billion Token Market
Bitwise expands the footprint of institutional strikes
The company Chorus One (founded in 2018) gained fame thanks to a good validator infrastructure and thorough protocol research. It currently oversees more than $2.2 billion in digital assets for institutional clients. The company is now integrated in Bitwise Onchain Solutions (BOS)the strike division of Bitwise. BOS already supports several billion dollars in deployed cryptocurrency. With this step, Bitwise significantly expands its multichain reach.
Since then, there have been more than 30 proof-of-stake networks under staking, including Solana, Avalanche, Sui, Aptos, NEAR, Tezos, TON, Hyperliquid, and Monad. Bitwise CEO Hunter Horsley called staking “one of the most attractive growth opportunities” for customers who own spot crypto assets. The message is clear: generating returns will be a core infrastructure, not an add-on.
Read more: Bitwise’s Hyperliquid ETF nears launch with 0.67% fee and built-in betting yield
50 engineers join, research opportunities increase
The deal adds 50 experienced technology professionals to Bitwise. Chorus One’s infrastructure engineers and governance researchers will make improvements to validator operations, monitor systems, and broaden protocol coverage.
Strengthening Onchain Research and Governance
Chorus One has a reputation for rigorous research into protocol upgrades and governance proposals. That research will now become part of Bitwise’s broader institutional offering.
For large allocators, staking isn’t just about profits. This activity also requires an understanding of the validator’s performance, the risks of cuts, and the participating levels of governance. This integration helps Bitwise to more rigorously control both infrastructure and business analytics capabilities.
Brian Crain, CEO and co-founder of Chorus One, will transition to the role of consultant, while the core team will join Bitwise as full-time employees.
Nearly 200 employees as Bitwise scales globally
After the acquisition, Bitwise’s workforce will approach 200 employees worldwide. The firm manages more than $15 billion in client assets across ETFs and crypto investment products. Bitwise creates a vertically integrated platform by introducing staking infrastructure under its own roof. Asset management and staking services are now readily available to institutional investors within one ecosystem.
Financial terms of the deal were not disclosed. 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 an important revenue stream. Bitwise positions itself at the center of that shift, combining the scale of asset management with deep onchain infrastructure.
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