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Sui's Hashi launches Bitcoin-backed financial markets with $500M capital commitments

Protocol Fundamentals
08 Oct 2026
Tokenpost
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Bullish
Sui's Hashi launches Bitcoin-backed financial markets with $500M capital commitments

Sui's Hashi infrastructure is set to begin a phased mainnet rollout later this month, supported by over $500 million in capital commitments. Hashi enables Bitcoin to remain on its native network while issuing hBTC tokens on Sui, which users can utilize in lending, credit, yield vaults, and structured products. More than 20 crypto firms are part of the launch coalition, including Anchorage Digital, which will provide institutional access and stablecoin liquidity. The rollout will expand by October as partners integrate, bringing native Bitcoin into live Sui applications.

Sui’s Hashi Bitcoin Finance Network launch is noted here with Pluang's market snapshot for major cryptocurrencies as of Oct 08, 2026 18:02 WIB: Among 50 priced assets, 22 rose and 27 fell today. ALGO led gains with a 13.99% increase and a strong buy order activity of 71%, contrasting with CRV's 10.61% rise but a nearly balanced sell/buy split. BAL also showed robust growth at 11.14%, with a shorter typical hold time than ALGO.

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