Sui's Hashi prepares $500 million bitcoin lending launch
Anchorage Digital joins as a day-one partner for the network that lets holders pledge bitcoin without moving it off the Bitcoin ledger.
At a glance
Sui's Hashi network is preparing to launch with $500 million in capital commitments for bitcoin lending, according to our records, and Anchorage Digital is a day-one partner.
The network lets holders pledge bitcoin without moving it off the Bitcoin ledger, which reduces transfer risk.
The $500 million in capital commitments give the network a lending book from the start.
Sui's Hashi network is preparing to launch with $500 million in capital commitments for bitcoin lending, according to our records, and Anchorage Digital is a day-one partner.
The network lets holders pledge bitcoin without moving it off the Bitcoin ledger, which reduces transfer risk. Bitcoin used as collateral typically must move to a lending venue, creating counterparty and security risk.
The $500 million in capital commitments give the network a lending book from the start.
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