Sui announces Hashi for BTC DeFi infrastructure
Sui has introduced Hashi, a Bitcoin-focused infrastructure layer designed to let native BTC function as collateral inside the network’s decentralized finance ecosystem. The project is being positioned as a way to unlock Bitcoin-backed lending and credit markets without relying on wrapped tokens or conventional cross-chain bridges.
Sui says Hashi BTC bridge testnet is imminent as coalition expands
Sui says the Hashi Global coalition is moving toward a July testnet focused on native Bitcoin collateral. The network framed the initiative as infrastructure for institutions that want to use BTC directly on-chain without relying on bridges or wrapped assets.
Cumberland, Fluid, and SwissBorg Join Institutional Hashi Coalition Ahead of Testnet
Hashi, Sui’s native Bitcoin finance primitive, has expanded its institutional coalition with Cumberland, Fluid and SwissBorg ahead of a global testnet scheduled for July 2026. The project is designed to let Bitcoin holders use BTC as collateral in on-chain financial markets while keeping the underlying asset connected to the Bitcoin network.