š¦š¤ BITWISE BUYS CHORUS ONE TO BECOME STAKING GIANT!
M&A activity heating up in crypto! š„š¼
š THE DEAL:
Bitwise acquiresĀ Chorus OneĀ - institutional staking provider managingĀ $2.2B+Ā in assets! š°
š WHAT THIS MEANS:
ā¢ Bitwise expands toĀ 30+ PoS networksĀ including:
ā¢ Solana (SOL) āØ
ā¢ Avalanche (AVAX) āļø
ā¢ Sui (SUI) š
ā¢ NEAR šÆ
ā¢ Aptos (APT) ā
ā¢ Toncoin (TON) š
š„ TEAM GROWTH:
ā¢ AddsĀ 50 technical staffĀ šØāš»
ā¢ Total employees now ~200 š
ā¢ Strengthens protocol research š¬
š ASSETS UNDER MANAGEMENT:
Now exceedsĀ $15 billion! š³
š THOUGHTS:
š = Smart acquisition
š = Bitwise becoming powerhouse
š¤ = More centralization?