Cumberland, Fluid, SwissBorg join Sui-based BTC lending primitive Hashi

Hashi, a Sui-based Bitcoin-collateralized lending primitive, announced the addition of Cumberland, Fluid, and SwissBorg as new partners. The move expands the Hashi ecosystem to over 20 participating institutions, which also include BitGo, Blockdaemon, Bullish, FalconX, and Ledger. Hashi stated that the three new firms are expected to broaden its ecosystem's foundation across institutional liquidity provision, market making, and digital asset platforms. The protocol allows users to access financial services like lending and borrowing through Sui smart contracts while keeping their BTC on its native chain.