💧 Bitcoin treasury companies get two Anchorage routes into Sui's Hashi
Anchorage Digital will be one of the first companies to connect to Hashi when Sui turns on the Bitcoin finance network later this month.
Companies that already have bitcoin on their books can use its two routes to get cash without having to sell their bitcoin.
Sui told everyone about it at its Basecamp 2026 conference in Singapore on Thursday. Hashi’s mainnet will open in stages, with more people being able to use it as partners finish integrating it.
🔸 Atlas oversees qualified custody, while Porto assists hedge funds
The client’s choice of route is based on how strictly it is regulated. Sui says that public companies and digital asset treasury firms might not be able to directly interact with DeFi right now, so their bitcoin goes through Anchorage’s Atlas system, which is a three-party collateral and settlement system, making sure that it stays in qualified custody.
Porto is for everyone else. Sui says that Anchorage’s self-custody wallet can be linked directly to Hashi by hedge funds, crypto venture funds, miners, market makers, and liquidity providers, letting them use lending, yield, or real-world asset strategies.
Anchorage says it is the first crypto bank in the US to be chartered by the federal government. It also wants to add stablecoin liquidity to the network.
“Public companies and institutions hold enormous amounts of Bitcoin, but their ability to use that capital has been constrained by the technology available to them and the limitations of the DeFi space,” Nathan McCauley, CEO and co-founder, said.
More than 20 companies have promised $500 million before mainnet launch
More than 20 companies have pledged more than $500 million to help fund the launch, including BitGo, Bullish, Cumberland, FalconX, and Ledger. But those are just promises; Sui hasn’t said how much of the money will be in Hashi contracts on the first day.
#BTC | #SUI | $SUI
Anchorage Digital will be one of the first companies to connect to Hashi when Sui turns on the Bitcoin finance network later this month.
Companies that already have bitcoin on their books can use its two routes to get cash without having to sell their bitcoin.
Sui told everyone about it at its Basecamp 2026 conference in Singapore on Thursday. Hashi’s mainnet will open in stages, with more people being able to use it as partners finish integrating it.
🔸 Atlas oversees qualified custody, while Porto assists hedge funds
The client’s choice of route is based on how strictly it is regulated. Sui says that public companies and digital asset treasury firms might not be able to directly interact with DeFi right now, so their bitcoin goes through Anchorage’s Atlas system, which is a three-party collateral and settlement system, making sure that it stays in qualified custody.
Porto is for everyone else. Sui says that Anchorage’s self-custody wallet can be linked directly to Hashi by hedge funds, crypto venture funds, miners, market makers, and liquidity providers, letting them use lending, yield, or real-world asset strategies.
Anchorage says it is the first crypto bank in the US to be chartered by the federal government. It also wants to add stablecoin liquidity to the network.
“Public companies and institutions hold enormous amounts of Bitcoin, but their ability to use that capital has been constrained by the technology available to them and the limitations of the DeFi space,” Nathan McCauley, CEO and co-founder, said.
More than 20 companies have promised $500 million before mainnet launch
More than 20 companies have pledged more than $500 million to help fund the launch, including BitGo, Bullish, Cumberland, FalconX, and Ledger. But those are just promises; Sui hasn’t said how much of the money will be in Hashi contracts on the first day.
#BTC | #SUI | $SUI