Hashi Mainnet Launches with $500 Million Backing and Anchorage Digital Partnership

On October 8th, 2026, Sui announced the upcoming launch of Hashi mainnet, a significant development in Bitcoin finance infrastructure, set to go live this month. This initiative is supported by more than $500 million in capital commitments from a coalition of over 20 prominent players in the cryptocurrency space, including Anchorage Digital, the first federally chartered crypto bank in the U.S.

Hashi aims to transform how institutions utilize Bitcoin, which has largely remained idle, by allowing it to serve as programmable collateral through Sui's smart contracts. This innovation addresses the needs of publicly traded companies that hold Bitcoin on their balance sheets but have lacked efficient ways to leverage it in financial markets.

Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, emphasized the importance of this launch, stating that the financial infrastructure surrounding Bitcoin is evolving to meet institutional demands. He noted that institutions are eager to utilize Bitcoin without sacrificing the protections they require.

Anchorage Digital's Role

Anchorage Digital will facilitate access to Hashi for its clients through two primary channels. The first is a tri-party collateral solution via Atlas, which adheres to strict custody and compliance standards, enabling institutions to engage with Hashi securely. The second route is through Anchorage’s self-custody wallet, Porto, which allows institutions to explore a broader range of financial strategies.

Nathan McCauley, CEO and Co-Founder of Anchorage Digital, highlighted that this partnership represents a significant shift in Bitcoin finance, enabling institutions to transform their Bitcoin holdings into productive working capital without the need to sell.

Applications of Hashi

Hashi will enable various financial applications, including borrowing stablecoins against Bitcoin without selling it, supplying capital to on-chain credit markets, and accessing structured products and Bitcoin-backed bonds. This capability is expected to attract a diverse array of partners in the Bitcoin finance ecosystem, further enhancing the utility of Bitcoin in institutional finance.

As Hashi prepares for its official launch, the coalition of partners, including BitGo, Bullish, and Ledger, underscores the growing interest in Bitcoin's role in programmable finance.