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Bitwise Makes a Big Bet on Ethereum Staking
Bitwise has acquired Attestant, bringing in its $3.7 billion in staked assets under management.
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Institutional crypto powerhouse Bitwise has acquired Attestant, an institutional-grade Ethereum staking provider.
What’s the Scoop?
- The Acquisition: Bitwise has acquired Attestant, bringing $3.7 billion in staked assets under its management. Attestant will be rebranded as Bitwise OS.
- Growing Interest in ETH Staking: Bitwise’s move into staking signals a growing interest in crypto beyond just holding tokens. Already known for its wide range of crypto-related products, Bitwise’s substantial investment here suggests that staking is becoming increasingly attractive.
Bankless Take:
Bitwise’s expansion into staking was only a matter of time. The acquisition of Attestant, with its team’s deep expertise in finance and tech and a strong client base that includes institutions and family offices, positions Bitwise well for the next bull market. This strategic move suggests Bitwise is gearing up for a new wave of demand in crypto staking.