SAN FRANCISCO – February 24, 2026 – Bitwise Asset Management, Inc., a global crypto asset manager overseeing more than $15 billion in client assets, today announced its acquisition of Chorus One, an institutional staking provider with over $2.2 billion in staked assets under its management.
Chorus One will join Bitwise Onchain Solutions (“BOS”), the staking division of Bitwise, which currently supports several billion dollars in staked crypto assets. BOS primarily caters to institutional investors, family offices, and financial platforms that value the blend of Bitwise’s fiduciary approach, proven reliability track record, and in-house technical expertise. This acquisition strengthens BOS’s capabilities in the following areas:
- Broadened staking capabilities across over 30 proof-of-stake networks, including Solana, Hyperliquid, Monad, Avalanche, Sui, NEAR, Aptos, Tezos, TON, and others
- Inclusion of 60 seasoned technology professionals
- Enhanced research coverage for clients on protocol and governance developments
“For our clients holding spot crypto assets, staking is a potential growth avenue,” said Bitwise CEO Hunter Horsley. “I am excited about this acquisition and thankful to the Chorus One team for placing their trust in us. Chorus One has demonstrated strong technological and research capabilities over an eight-year period. We are eager to integrate their expertise with Bitwise Onchain Solutions.”
Since its 2018 founding, Chorus One’s team of infrastructure experts and researchers has cultivated relationships with a global client base, encompassing family offices, high-net-worth individuals, funds, traditional financial institutions, exchanges, custodians, and decentralized protocols.
“The Chorus One team shares our dedication to technical excellence, open-source contributions, and in-depth research,” said Bitwise Chief Technology Officer Hong Kim. “With Bitwise Onchain Solutions already established, integrating Chorus One is expected to boost our ability to serve clients and reinforce our commitment to industry-leading infrastructure and research.”
“Chorus One was built on the principle that investors should have secure, professional access to the entire Proof-of-Stake ecosystem,” said Chorus One CEO and Co-founder Brian Crain. “We began with the conviction that Proof-of-Stake would become the backbone of the digital economy. As we’ve grown to support over 50 networks, our core focus has remained on reliability, security, and performance. Joining Bitwise is a natural progression; they share our focus on addressing the sophisticated needs of investors. We look forward to continuing our work in the onchain economy as part of this established firm.”
The core Chorus One team will join Bitwise, with Co-founder Brian Crain taking on an advisory role. Following this acquisition, Bitwise now has nearly 200 employees globally, expanding its footprint in the digital asset space.
Keefe, Bruyette & Woods (KBW) acted as the exclusive financial advisor to Chorus One for this transaction.
About Bitwise
Bitwise is a crypto-specialized asset manager with over $15 billion in client assets. Thousands of financial advisors, family offices, and institutional investors worldwide have partnered with us to understand and access opportunities in crypto. Since 2017, Bitwise has managed a wide range of index and active solutions across ETPs, separately managed accounts, private funds, and hedge fund strategies – spanning both the U.S. and Europe.
Media contacts:
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