Techub News reports that, according to Bloomberg, cryptocurrency asset management firm Bitwise Asset Management is acquiring institutional staking service provider Chorus One. The two parties have confirmed the deal, but the specific acquisition amount has not been disclosed. Chorus One primarily provides institutional staking services for decentralized networks, with official website data showing that it currently manages approximately $2.2 billion in staked assets. Bitwise CEO Hunter Horsley stated that for clients holding spot cryptocurrencies, staking is "one of the most attractive growth opportunities."

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