Sui’s Hashi Bitcoin finance network will begin a phased rollout in October with more than $500 million in capital commitments from its launch partners. The system allows Bitcoin holders to use their assets as collateral in Sui applications by minting hBTC, enabling uses such as lending, borrowing, credit, vaults and structured products. The launch coalition includes more than 20 companies, including BitGo, Bullish, Cumberland, FalconX and Ledger, with Anchorage Digital offering institutional clients access through its settlement infrastructure and self-custody wallet. Hashi was developed by Mysten Labs, the founding contributor to Sui.
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