Sui to launch Bitcoin finance infrastructure Hashi mainnet this month

Sui said in an official blog post that Hashi, its native Bitcoin financial infrastructure, will launch on mainnet later this month after securing commitments for more than $500 million in capital. Hashi is designed to let users keep BTC on the Bitcoin network while using it as collateral through Sui smart contracts. Users can deposit BTC to mint Sui-based hBTC for use across financial applications including lending, borrowing, credit, vaults, and structured products. Sui said the Hashi ecosystem currently includes more than 20 partners, including BitGo, Bullish, Cumberland, FalconX, and Ledger. It added that Anchorage Digital, described as the first U.S. crypto bank, recently joined as a launch partner. Note: We are participating as an official media partner of Sui Basecamp 2026.