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Sui's Hashi Bitcoin finance system launches soon with $500M capital from 20+ partners, including Anchorage Digital.

Protocol Fundamentals
23 Oct 2026
Altcoin Buzz
View Source
Bullish
Sui's Hashi Bitcoin finance system launches soon with $500M capital from 20+ partners, including Anchorage Digital.

Sui's Bitcoin finance system, Hashi, is set to launch on mainnet later this month with over $500 million in capital commitments from more than 20 launch partners, including Anchorage Digital as a Day 1 partner. Hashi allows users to deposit Bitcoin which remains on the Bitcoin network while minting a token called hBTC on Sui for use in third-party apps. The system uses a secure 2-of-2 multisig for deposits and redemptions, and legal advice suggests these steps may not be taxable events in the US. Anchorage offers institutional clients access via tri-party collateral or self-custody, with plans to provide stablecoin liquidity. The exact launch date and Fluid's confirmed role in lending remain unclear, with phased access depending on partner integration progress. The key upcoming event is Hashi's mainnet launch and partner activation timeline.

Sui's Bitcoin finance system Hashi is launching soon. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 23, 2026 16:51 WIB: 31 of 50 major cryptocurrencies rose today. Kusama (KSM) gained 2.76% to Rp73.118 with 100% buy orders. Compound (COMP) fell 2.72% to Rp438.382 with 74% sell orders. The Graph (GRT) rose 2.41% to Rp437 with 96% buy orders.

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