Sui’s Hashi launches with $500M for Bitcoin finance

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Sui-based Bitcoin finance platform Hashi has launched with a reported $500 million in funding to support Bitcoin-backed lending and other financial products. The initiative aims to bring Bitcoin liquidity into Sui’s ecosystem, expanding BTC’s use beyond holding and payments. Its impact will depend on whether the capital is deployed and attracts sustained demand; the launch alone does not establish meaningful adoption or reduce Bitcoin’s underlying custody and bridge risks.

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