Newsig · CoinDesk
New tech to power bitcoin lending is set to debut with $500 million in commitments
Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.
Why it matters
BTC (Bitcoin) · Why linked: Sui's Hashi protocol allows institutional use of bitcoin as collateral, expanding BTC's utility in DeFi. Market context: New institutional bitcoin lending infrastructure with $500M in commitments could increase demand and liquidity for BTC.
SUI · Why linked: Sui is the Layer-1 blockchain launching the Hashi institutional protocol. Market context: Launch of Hashi with significant institutional commitments could boost Sui network adoption and token value.
How BTC usually react
This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| BTC | 9 | +2.02% | 67% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy