Sui Unveils Hashi Bitcoin DeFi Platform With Anchorage Digital Ahead of October Launch

Sui unveiled Hashi, a Bitcoin decentralized finance platform backed by more than $500 million in pledged capital commitments, ahead of its phased October mainnet launch. Developed by Mysten Labs, Hashi connects native Bitcoin collateral to financial applications on Sui, issuing hBTC for lending and credit markets while original BTC remains on its native blockchain. Institutional custodian Anchorage Digital joined a coalition of over 20 partners, including BitGo, FalconX, Cumberland, and Bullish, to provide access via its Atlas settlement infrastructure and Porto wallet. This builds on Sui's earlier announcement linking Bitcoin as a security anchor.