Wu Shuo has learned that Sui announced the launch of Hashi, a Bitcoin financial infrastructure, which went live on devnet today. The initiative aims to drive institutional-grade Bitcoin participation and bring core financial services such as credit generation and lending into a transparent, compliant on-chain environment. Hashi has received support from institutions including BitGo, Bullish, Erebor Bank, FalconX, Fordefi, and Ledger. The protocol enables institutions and retail BTC holders to engage in yield generation, lending, and collateralization, while providing developers with a foundation to build related financial products.

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