✉news BusinessCrypto first seen 2 d ago, last 2 d ago, peak #18
Sui's Hashi launches with $500M to put idle Bitcoin to work
Hashi, a new venture tied to the Sui blockchain ecosystem, has launched with $500 million in backing aimed at putting idle Bitcoin to productive use. The initiative is expected to channel dormant Bitcoin holdings into yield-generating or on-chain applications. Details on investors and mechanics remain limited to the launch announcement, but the move underscores growing efforts to unlock Bitcoin's largely passive capital base.
Why now: A large $500 million launch targeting Bitcoin's idle capital is notable news in the crypto sector right now
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