Sui’s Hashi project is preparing for a phased mainnet launch in October with over $500 million in capital commitments from more than 20 partners. Anchorage Digital is joining the project to provide institutional access through custody arrangements and a self-custody option. The system operates with hBTC, a collateral representation that allows Bitcoin to interact with lending applications on Sui. The $500 million figure represents committed capital and not funds already deposited or borrowed on a live product. The decisive test will be whether launch partners move from announcements to actual borrowing and liquidity activity.
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