Bitwise will acquire the crypto staking service provider Chorus One to expand its yield product offerings

The cryptocurrency asset management company Bitwise Asset Management has agreed to acquire the institutional-grade staking service provider Chorus One. Both parties have confirmed the transaction but did not disclose the specific acquisition amount. Chorus One primarily provides institutional-grade staking services for decentralized networks, with its official website indicating that it currently manages approximately $2.2 billion in staked assets.

Bitwise CEO Hunter Horsley stated that for clients holding spot cryptocurrency assets, staking is "one of the most attractive growth opportunities." Reports indicate that the M&A scale in the cryptocurrency industry reached a historic high in 2025, with a total transaction volume of approximately $37 billion, showing a clear trend of industry consolidation. Chorus One CEO Brian Fabian Crain also mentioned that the staking business is better suited for integration into larger platform ecosystems.