Sui Launches Hashi Protocol with $500M Commitments for Bitcoin Lending

Key Facts

1Sui launched Hashi, an institutional protocol allowing Bitcoin holders to use BTC as collateral for loans without moving coins off the Bitcoin blockchain.

2The project secured $500 million in capital commitments from more than 20 partners.

3The Hashi mainnet rollout will begin in phases throughout October.

Sui launched Hashi, an institutional protocol allowing Bitcoin holders to use BTC as collateral for loans without moving coins off the Bitcoin blockchain. Crypto Economy reported that the project secured $500 million in capital commitments from more than 20 partners to support the initiative.

The protocol is designed to enable Bitcoin holders to access liquidity in a decentralized manner while avoiding cross-chain bridging risks. The Hashi mainnet rollout is scheduled to begin in phases throughout October 2026.