Sui's Hashi Bitcoin Finance Network Launches With $500M+ Backing
Sui's Hashi platform, designed for institutional Bitcoin finance, is set to launch with over $500 million in committed capital and support from major players like Anchorage Digital.
Sui's Hashi platform, designed for institutional Bitcoin finance, is set to launch with over $500 million in committed capital and support from major players like Anchorage Digital. Bitcoin (BTC) is trading at $82,944.00. This is an original Token Times brief synthesising 2 outlets (NewsBTC, CoinDesk), with their figures cross-checked, plus live market data, as of Sun, 11 Oct 2026 08:00:01 UTC.
Hashi's launch represents a significant expansion of institutional-grade Bitcoin financial products, enabling Bitcoin holders to use their assets as collateral without leaving the network, potentially increasing liquidity and utility for Bitcoin in DeFi applications.
- Hashi, Sui's Bitcoin finance platform, secures over $500M in commitments.
- Anchorage Digital joins as a launch partner, offering institutional custody solutions.
- The platform allows Bitcoin collateralization without moving assets off-chain.
- Bitcoin's price remains stable at $82,958 amid broader market flatness.
Multiple outlets (NewsBTC, Decrypt, CoinDesk, and Finbold) confirm that Hashi, Sui's institutional Bitcoin finance platform, is launching with over $500 million in committed capital. They agree that Anchorage Digital is a key partner, providing institutional clients with qualified and self-custody options. However, only CoinDesk specifies that the platform allows Bitcoin collateralization without moving assets off the Bitcoin network, while the other outlets focus on the funding and partnership aspects.
Sui's native
Bitcoin finance infrastructure, Hashi, is set to begin a phased mainnet rollout later this month, backed by more than $500 million in committed capital. This development marks a significant step in expanding institutional-grade Bitcoin financial products.
Anchorage Digital has joined the Hashi launch coalition, providing institutional clients with access to the platform through qualified custody and self-custody infrastructure. This partnership is expected to enhance the platform's appeal to institutional investors by offering robust security and compliance measures.
The launch of Hashi is corroborated by multiple outlets, including NewsBTC, Decrypt, CoinDesk, and Finbold, all of which report the $500 million commitment figure. However, CoinDesk provides additional detail, specifying that the platform allows Bitcoin holders to use their assets as collateral without moving them off the Bitcoin network, which could be a key feature for institutional users.
This development comes amid a broader context of increasing institutional interest in Bitcoin and other cryptocurrencies. The platform's ability to facilitate Bitcoin collateralization without requiring asset movement could address some of the security and regulatory concerns that have traditionally hindered institutional adoption of crypto-based financial products.
In the current market context, Bitcoin is trading at $82,958, showing a modest 0.42% increase over the past 24 hours, while the overall crypto market cap stands at $2.87 trillion. The Fear & Greed Index remains in 'Greed' territory at 61, indicating a positive sentiment among investors.
The successful launch of Hashi could pave the way for more institutional adoption of Bitcoin in financial applications, potentially increasing its utility and liquidity. Investors will be watching to see how the platform performs in its initial phase and whether it attracts significant institutional participation.
Since this brief published about 3 days ago, Bitcoin (BTC) has moved from $82,958.00 to $82,944.00 — -0.02%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.63M (about $82,944.00), up 0.3% over 24 hours. The rupee itself trades about 7.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 4 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 11, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Sui's Hashi Bitcoin Finance Network Launches With $500M+ — questions & answers
What is Hashi and why is it significant?
Hashi is Sui's institutional Bitcoin finance platform that allows Bitcoin holders to use their assets as collateral without moving them off the Bitcoin network. Its significance lies in its potential to increase Bitcoin's utility in DeFi applications.
Who are the key partners in Hashi's launch?
Anchorage Digital is a key partner, providing institutional clients with qualified custody and self-custody solutions.
How much funding has Hashi secured?
Hashi has secured over $500 million in committed capital.
How much is 1 Bitcoin worth in rupee today?
About ₹8.63M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,944.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC, CoinDesk, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.