New tech to power bitcoin lending is set to debut with $500 million in commitments

Bullish-34.82%
9 Oct, 06:40
Source: CoinDesk

AI Summary

Sui launches Hashi, an institutional Bitcoin lending protocol backed by $500M in commitments, expanding BTC utility and boosting Sui's DeFi infrastructure.

Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.