Sui Launches Hashi Mainnet With $500 Million Capital
Sui is launching the Hashi mainnet this month to enable institutions to use Bitcoin as programmable collateral via smart contracts.
The Sui Foundation will launch the Hashi mainnet this month, creating a native Bitcoin finance infrastructure that allows Bitcoin to be used as programmable collateral through Sui smart contracts. The rollout is supported by over $500 million in capital commitments from a coalition of more than 20 industry partners, including BitGo, Bullish, Cumberland, FalconX, and Ledger.
This infrastructure enables publicly traded companies and institutional investors to borrow stablecoins, access credit markets, and deploy automated vault strategies without selling their Bitcoin holdings. Anchorage Digital has joined as a day-one launch partner, integrating Hashi with its Atlas settlement infrastructure and Porto self-custody wallet while providing stablecoin liquidity to the network.
Mysten Labs, the original contributor to Sui, announced the launch through Co-Founder and Chief Product Officer Adeniyi Abiodun. Anchorage Digital CEO Nathan McCauley described the initiative as a paradigm shift for Bitcoin finance, noting that institutional capital has previously been constrained by the limitations of the DeFi space.
