Bitwise Joins Forces with Chorus One to Boost Crypto Staking

Bitwise, a well‑known crypto asset manager, has taken a bold step by acquiring Chorus One, the firm that manages more than $2.2 billion in staked tokens.

With this move, Bitwise can widen its line of staking products and offer clients more ways to earn passive income from their digital holdings.

Chorus One’s team, including its chief executive Brian Crain, will become part of Bitwise Onchain Solutions. They bring expertise in staking across 30+ proof‑of‑stake blockchains such as Solana, Avalanche, and Tezos.

Staking lets users lock their crypto into a network and receive yearly rewards that can range from 2 % to 10 %. By adding Chorus One’s capabilities, Bitwise aims to provide similar benefits on a larger scale.

The deal reflects growing confidence from regulators, who are gradually approving more crypto‑based investment vehicles. Bitwise’s portfolio now includes several exchange‑traded funds that track major tokens, and the new partnership could help it attract even more investors.