TechFlow News: On March 20, according to an official Sui tweet, the Sui Network has officially launched Hashi, a Bitcoin financial platform designed to activate over $1 trillion in idle Bitcoin assets. Currently, less than 0.5% of Bitcoin’s market capitalization is utilized in DeFi; Hashi aims to transform this landscape by offering core financial services such as yield generation and lending.
The platform has already gone live on devnet and is backed by institutions including BitGo, Bullish, Erebor Bank, FalconX, Fordefi, and Ledger—spanning custody, wallets, liquidity, infrastructure, and protocols. Supported assets include USDC, FDUSD, and XAUm.
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