Bitwise Acquires Staking Provider Chorus One

Bitwise Asset Management has acquired Chorus One, a provider of institutional staking services, marking an expansion of Bitwise’s product portfolio into staking and related yield solutions ^[1][2].

Reports say Chorus One’s staking infrastructure will bolster Bitwise’s institutional staking capabilities as the firm moves to meet growing demand for staking products ^[1][3]. Media coverage highlights that Ethereum’s validator backlog has surged past 4 million ETH, with wait times reportedly beyond 70 days and more than 30% of supply now locked in staking—trends cited as part of the backdrop for the acquisition ^[2].

Multiple crypto news outlets covered the transaction, noting the strategic fit between Bitwise’s asset-management business and Chorus One’s staking services ^[1][2][3][4].

The acquisition positions Bitwise to expand institutional staking and yield offerings amid a surge in staking activity, particularly on Ethereum ^[1][2].