Sui News: Cumberland, Fluid, and SwissBorg Join Institutional Coalition on Hashi Ahead of July Global Testnet

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Cumberland, Fluid and SwissBorg joined an institutional coalition to support Sui’s Bitcoin finance primitive Hashi ahead of its global testnet launch in July. Sui positions Hashi to move more of Bitcoin’s ~$1.2T market cap into verifiable, productive on‑chain products. If adopted, Hashi could drive additional BTC flows onto Sui via wrapped/bridged custody solutions, increasing on‑chain BTC liquidity and DeFi demand while concentrating custody and cross‑chain risk.

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