Wire · technology
Sui's Hashi Launches With $500M to Turn Bitcoin Into Productive DeFi Collateral Markets
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Fusion42 · 9 October 2026 · Fusion42 review
Hashi is launching its mainnet on the Sui network with over $500 million in committed Bitcoin liquidity, enabling users to use Bitcoin as collateral in DeFi without leaving the Bitcoin network. The project targets institutional investors by offering secure smart contract-based BTC collateralization and partnerships like Anchorage Digital to broaden institutional access.
This Wire brief sits within Fusion42's coverage of Crypto & Web3 and Fintech, and 4 sources have reported it between 8 Oct 2026 and 9 Oct 2026.
◆ ◆ The Wire takeaway
You need to recognise that real institutional Bitcoin capital is becoming available for DeFi lending without BTC leaving its native chain, opening new markets for collateral-backed credit products. This creates an opening to build services on top of secure Bitcoin collateralisation that appeals to institutional investors.
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4 sources · first reported 8 Oct 2026 · latest 9 Oct 2026
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