Cumberland, SwissBorg, and Fluid have announced their participation in Hashi, a Bitcoin financial platform on the Sui ecosystem, aimed at enhancing Bitcoin capital efficiency. Hashi plans to launch its global testnet in July this year, allowing institutional engineers, Sui protocol developers, and custodial partners to test integration parameters and code stress, and verify cryptographic integrity prior to mainnet launch. Hashi aims to unlock over $1 trillion in dormant Bitcoin for DeFi.
Cumberland, SwissBorg, and Fluid Join Sui-Based Bitcoin Finance Platform Hashi
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Summary
Bitcoin breaking news: Cumberland, SwissBorg, and Fluid have joined Hashi, a Bitcoin finance platform built on the Sui blockchain. The platform aims to enhance Bitcoin’s capital efficiency and unlock over $1 trillion in dormant Bitcoin for DeFi. A global testnet is scheduled for July, targeting institutional engineers, Sui developers, and custodians. Bitcoin news outlets are viewing this development as a significant step toward Bitcoin DeFi integration.
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