Bitwise Asset Management has announced the acquisition of Chorus One, an institutional staking services provider. The financial details of the deal remain undisclosed, but the move marks a strategic expansion of Bitwise’s suite of yield-generating crypto products. The acquisition aims to enhance offerings for clients holding spot crypto assets, as staking continues to grow as a key revenue opportunity.
Chorus One’s Staking Infrastructure
Chorus One manages approximately $2.2 billion in staked assets and operates robust staking infrastructure. Its CEO highlighted that consolidation in the staking sector has become inevitable, emphasizing that integrating staking services into larger platforms provides significant advantages for institutional investors.
Institutional Interest in Staking and Market Trends
The acquisition aligns with broader institutional interest in crypto staking, particularly on Ethereum, where over 36 million ETH — around 30% of the circulating supply is staked on the Beacon Chain. The deal also reflects a surge in mergers and acquisitions in the digital asset sector, which reached record levels in 2025 with over 265 transactions totaling $8.6 billion. Public listings have similarly increased, with at least 11 crypto IPOs raising nearly $14.6 billion globally.
By acquiring Chorus One, Bitwise positions itself to offer integrated staking solutions alongside its growing portfolio of crypto investment products, catering to institutional demand for secure and scalable staking services.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.