chorusone

🏦🤝 BITWISE BUYS CHORUS ONE TO BECOME STAKING GIANT!

M&A activity heating up in crypto! 🔥💼

📋 THE DEAL:
Bitwise acquires Chorus One - institutional staking provider managing $2.2B+ in assets! 💰

🌐 WHAT THIS MEANS:
• Bitwise expands to 30+ PoS networks including:
• Solana (SOL) ✨
• Avalanche (AVAX) ❄️
• Sui (SUI) 🌊
• NEAR 🎯
• Aptos (APT) ⚓
• Toncoin (TON) 💎

👥 TEAM GROWTH:
• Adds 50 technical staff 👨‍💻
• Total employees now ~200 📈
• Strengthens protocol research 🔬

📊 ASSETS UNDER MANAGEMENT:
Now exceeds $15 billion! 😳

👇 THOUGHTS:
👍 = Smart acquisition
🚀 = Bitwise becoming powerhouse
🤔 = More centralization?
#BitwiseBitcoinETF #ChorusOne #staking #InstitutionalCrypto

🔥 BIG: BITWISE MOVES INTO STAKING WITH CHORUS ONE ACQUISITION
Bitwise Asset Management has agreed to acquire crypto staking provider Chorus One, marking a major expansion into staking and on-chain infrastructure. $ADA
Deal terms were not disclosed, but the move signals Bitwise’s push to control more of the institutional crypto stack, beyond ETFs and asset management.$LINK
Asset managers are quietly building the picks-and-shovels layer of crypto.$SUI
#ChorusOne #Bitwise #ETFs

#ChorusOne  : DeFi’s Impermanent Loss Problem - How Yield Basis Solves This

> This piece explains how Yield Basis solves the problem of impermanent loss for #liquidityprovider

> It creates a leveraged position that maintains constant 2x #Leverage via automatic rebalancing.

> This creates a position that tracks the asset's price 1:1 while earning LP #Fee