TLDR:
- Bitwise acquires Chorus One, adding $2.2B in staked assets and expanding its staking reach to 30+ networks.
- Fifty experienced blockchain professionals from Chorus One will join Bitwise, bringing total headcount to nearly 200.
- Bitwise Onchain Solutions now supports staking on Solana, Avalanche, Sui, TON, Aptos, and over 25 other networks.
- Chorus One CEO Brian Crain transitions to an advisory role as the core team fully integrates into Bitwise.
Bitwise Asset Management has acquired Chorus One, a well-known institutional staking provider. The deal brings Chorus One into Bitwise Onchain Solutions, the firm’s dedicated staking division.
Together, they now support staking across more than 30 proof-of-stake networks. Bitwise manages over $15 billion in client assets globally.
Chorus One contributes over $2.2 billion in staked assets to the merger. The combined operation strengthens Bitwise’s position in the growing institutional crypto market.
Expanding Staking Capabilities Across the Digital Asset Ecosystem
The acquisition adds staking support for networks including Solana, Avalanche, Sui, Hyperliquid, Monad, NEAR, Aptos, Tezos, and TON.
These additions give Bitwise’s clients broader access to yield-generating opportunities across the blockchain landscape.
Fifty experienced technology professionals from Chorus One will also join the Bitwise team. That brings the total Bitwise headcount to nearly 200 employees worldwide.
Bitwise CEO Hunter Horsley spoke directly to the opportunity staking presents for clients. “For our thousands of clients who hold spot crypto assets, staking is one of the most compelling growth opportunities,” Horsley said.
He also praised the Chorus One team’s eight-year track record of technical excellence and reliability. “We’re excited to add their capabilities to the value that Bitwise Onchain Solutions can create for clients,” he added.
Bitwise Chief Technology Officer Hong Kim also weighed in on the strategic fit between the two firms. “The Chorus One team shares our commitment to technical rigor, open-source contribution, and deep research,” Kim said.
He noted that Chorus One’s integration would represent a major leap forward in infrastructure capabilities. With Bitwise Onchain Solutions already established, the transition is expected to move quickly and efficiently.
Chorus One CEO and co-founder Brian Crain reflected on the journey that led to this deal. “Chorus One was built on the idea that investors deserve secure, professional access to the entire Proof-of-Stake landscape,” Crain said.
He noted that the firm’s core focus has always been reliability, security, and performance across every network it supports. “Joining Bitwise is a natural evolution; they share our DNA of excellence,” he added.
Institutional Focus Drives Demand for Professional Staking Services
Bitwise Onchain Solutions primarily targets institutional investors, family offices, and financial platforms. These clients tend to prioritize fiduciary responsibility, technical reliability, and consistent performance.
Chorus One’s existing client relationships fit directly within that target audience. The acquisition therefore, strengthens existing service lines rather than creating entirely new ones.
Chorus One was founded on the belief that proof-of-stake would become central to the digital economy. Over eight years, that thesis has proven accurate as more networks adopted the consensus model.
The firm built its infrastructure accordingly, scaling support to over 30 networks before this deal. That foundation transfers directly into Bitwise’s operational framework.
Research coverage is another area where the acquisition adds value for Bitwise clients. Chorus One brings specialized expertise in protocol governance and network development.
Clients benefit from structured research that helps them make more informed staking decisions. That layer of analysis was previously less developed within Bitwise Onchain Solutions.
Crain will move into an advisory role following the transition, while the rest of the core team joins Bitwise as full employees. Keefe, Bruyette & Woods, a Stifel company, served as the exclusive financial advisor to Chorus One throughout the deal.
The combined firm now stands as one of the more capable institutional staking providers in the market. With broader network coverage and deeper research capacity, BOS is well-positioned to meet growing client demand.
