# Sui Secures Over $500 Million in Commitments for Bitcoin Collateral Network Hashi

- URL: https://stocks.freetheai.org/news/sui-secures-over-500-million-in-commitments-for-bitcoin-collateral-network-hashi-9f9b43
- Published: 2026-10-08T12:20:36Z
- Category: crypto; sentiment: mixed; impact: medium
- Symbols: [COINBASE:SUIUSD](https://stocks.freetheai.org/symbols/COINBASE-SUIUSD)
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Sui (COINBASE:SUIUSD) has secured over $500 million in committed capital for its native Bitcoin collateral infrastructure, Hashi, ahead of its phased mainnet launch later in October 2026. Announced at the Sui Basecamp event on October 8, 2026, the commitments from a coalition of more than 20 partner organizations will serve as initial launch liquidity. The network, which launched its testnet on July 22, 2026, aims to allow Bitcoin holders to use their assets as collateral on the Sui blockchain without relying on traditional wrapping methods or centralized management.

The infrastructure keeps native Bitcoin on its own network while using smart contracts on Sui to coordinate lending, borrowing, and other financial activities through a representative token called hBTC. To address security concerns, Hashi utilizes multi-party computation with a two-of-two multisig arrangement for each address, alongside a rate-limiter designed to prevent rapid draining of funds. Institutional custodian Anchorage Digital is a key partner, offering its clients access through its qualified custody settlement system and self-custody wallet, which provides a compliant gateway for regulated players.

Investors should monitor how much of the committed $500 million actually converts into active liquidity once the phased rollout begins. Additionally, the adoption rate of hBTC across vault providers like Aftermath, Concrete, and Fluid will be a key metric of success. Finally, while the system's rate-limiter is designed to prevent theft, it could potentially delay legitimate user withdrawals during times of high market stress, representing a key risk to watch.

## Key points

- Sui secured more than $500 million in capital commitments from over 20 partners for its Hashi Bitcoin collateral network.
- The Hashi mainnet is scheduled to begin a phased rollout later in October 2026, following a testnet launch in July.
- Anchorage Digital will provide institutional access to Hashi through its qualified custody settlement system and self-custody wallet.
- The system utilizes multi-party computation security and a rate-limiter to protect native Bitcoin assets used as collateral.

## Questions and answers

### What is Sui Hashi?

Hashi is Sui's native Bitcoin collateral infrastructure that allows users to use native Bitcoin as collateral for lending, borrowing, and other financial products on the Sui network.

### When will the Sui Hashi mainnet launch?

The phased rollout of the Hashi mainnet is expected to begin later in October 2026, following its testnet launch on July 22, 2026.

### How does Hashi keep Bitcoin secure?

Hashi secures assets using multi-party computation with a two-of-two multisig arrangement for each address, and a guardian rate-limiter to cap how fast funds can flow.

