SUI
+0.2%Sui's Hashi Bitcoin network launches with $500M in partner commitments
Image: CointelegraphSui's Hashi Bitcoin finance network will begin a phased mainnet rollout in October 2026. It has secured more than $500 million in capital commitments from over 20 launch partners. Hashi uses native Bitcoin as Sui collateral by minting HBTC, supporting lending, borrowing, vaults and structured products. Anchorage Digital is a launch partner offering institutional settlement and self-custody access. Exiting users have HBTC burned and underlying BTC returned to the Bitcoin network.
Key points
- Hashi uses native BTC as Sui collateral by minting HBTC for use in Sui applications.
- Supported Hashi use cases include lending, borrowing, vaults and structured products.
- Anchorage Digital is a launch partner offering institutional settlement and self-custody access.
Why it matters
The network lets Bitcoin holders use their BTC as collateral for DeFi activities on Sui without moving it off the Bitcoin network. Anchorage's regulated custody and settlement access provides a familiar on-ramp for institutional users.
Price context · BTC
At publication
$82,381.00
Now
$75,687.00
Change since
−8.13%
7 days
Sources · 3 publishers
Crypto.news
Tier 2
Sui’s Hashi launches with $500M for Bitcoin finance
NewsBTC
Tier 2
Sui’s Hashi Bitcoin Finance Network Launches With More Than $500 Million Committed
Coverage timeline
- First reported by Cointelegraph
- Also reported by Crypto.news
- CryptoVideos brief published
- 2 more publishers added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
