The #Sui ecosystem will launch #Hashi this month with US$500 million in capital commitments from more than 20 partners, enabling institutions to borrow against #Bitcoin . Hashi allows BTC to be used as programmable collateral without physically moving it or taking it off its native network. Through a representation system, users and institutions can access liquidity, borrow stablecoins, or interact with decentralized financial products.
To meet the high standards required by banks and large capital providers, Hashi’s smart contracts have undergone formal verification by specialized firms such as Certora, as well as cryptographic audits by CommonPrefix. This move aims to connect Bitcoin’s enormous inactive store of value with Sui’s speed and processing capacity.
To meet the high standards required by banks and large capital providers, Hashi’s smart contracts have undergone formal verification by specialized firms such as Certora, as well as cryptographic audits by CommonPrefix. This move aims to connect Bitcoin’s enormous inactive store of value with Sui’s speed and processing capacity.