SUI
−2.5%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 has over $500M in capital commitments from more than 20 launch partners ahead of mainnet.
- 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
$82,209.00
Change since
−0.21%
7 days · dashed line = publication
Sources · 2 publishers
Crypto Briefing
Tier 2
Sui’s Hashi Bitcoin collateral network lines up more than $500M ahead of mainnet
Coverage timeline
- First reported by Cointelegraph
- Confirmed by Crypto Briefing
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
