Bitwise acquires Ethereum staking service provider Attestant

Bitwise Asset Management Inc. has acquired Ethereum staking service provider Attestant, aiming to expand beyond its core business. The specific terms of the transaction have not been disclosed. After the completion of the transaction, Bitwise's asset management scale will reach US$10 billion. In addition, 11 employees of Attestant will join Bitwise. Bitwise CEO Hunter Horsley said in an interview: "We are now entering a new chapter of maturity in this field. I think at this stage, the most useful thing for customers is that they want you to reach a certain scale and provide a wide range of functions." He added that although currently one in five Bitwise customers want to stake tokens to earn returns, most customers may have this demand in a few years. (Bloomberg)