According to Bloomberg, cryptocurrency asset management firm Bitwise Asset Management will acquire staking service provider Chorus One to expand its portfolio of crypto staking and yield products. The transaction amount was not disclosed. Chorus One primarily provides decentralized network staking services for institutional clients, currently managing approximately $2.2 billion in staked assets. Bitwise CEO Hunter Horsley stated that staking is one of the most attractive growth opportunities for spot crypto asset holders.

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