{"id":18579,"date":"2024-11-14T12:39:09","date_gmt":"2024-11-14T10:39:09","guid":{"rendered":"https:\/\/forklog.com\/en\/bitwise-acquires-ethereum-staking-provider-attestant-with-3-7-billion-in-assets\/"},"modified":"2024-11-14T12:39:09","modified_gmt":"2024-11-14T10:39:09","slug":"bitwise-acquires-ethereum-staking-provider-attestant-with-3-7-billion-in-assets","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitwise-acquires-ethereum-staking-provider-attestant-with-3-7-billion-in-assets\/","title":{"rendered":"Bitwise Acquires Ethereum Staking Provider Attestant with $3.7 Billion in Assets"},"content":{"rendered":"<p>Investment firm Bitwise Asset Management <a href=\"https:\/\/bitwiseinvestments.com\/newsroom\/bitwise-acquires-ethereum-staking-provider-attestant\">has acquired<\/a> institutional Ethereum staker Attestant, which manages assets worth $3.7 billion. The acquisition has increased the company&#8217;s client assets under management from $6 billion to $10 billion.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, we\u2019re pleased to announce that Bitwise has acquired Attestant, a leading non-custodial institutional-grade Ethereum staking provider with $4 billion in staked assets. <\/p>\n<p>The acquisition brings total Bitwise client assets above $10 billion.<\/p>\n<p>The business will be rebranded to\u2026 <a href=\"https:\/\/t.co\/XKAiztu1Dz\">pic.twitter.com\/XKAiztu1Dz<\/a><\/p>\n<p>\u2014 Bitwise (@BitwiseInvest) <a href=\"https:\/\/twitter.com\/BitwiseInvest\/status\/1856698856336969778?ref_src=twsrc%5Etfw\">November 13, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The business will continue under the brand Bitwise Onchain Solutions (Bitwise OS) and will offer non-custodial institutional Ethereum staking services with a minimum threshold of $10 million. Additionally, Bitwise OS will explore opportunities in other protocols and engage in open-source projects.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cWe appreciate that [Attestant] are the authors of important open-source projects such as <a href=\"https:\/\/www.attestant.io\/posts\/introducing-dirk\/\">Dirk<\/a> and <a href=\"https:\/\/www.attestant.io\/posts\/introducing-vouch\/\">Vouch<\/a>, and are involved in significant research in this field. This aligns with Bitwise&#8217;s approach,\u201d commented Bitwise CTO Hong Kim.<\/cite><\/p><\/blockquote>\n<p>Key Attestant personnel, including co-founders Shrijit Das, Jim McDonald, and Steve Berriman, will join the Bitwise team.<\/p>\n<p>Earlier, the annual staking reward rate for Ethereum decreased to 3% compared to 7% in Aptos and 7.84% in Avalanche.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment firm Bitwise Asset Management has acquired institutional Ethereum staker Attestant, which manages assets worth $3.7 billion. The acquisition has increased the company&#8217;s client assets under management from $6 billion to $10 billion.<\/p>\n","protected":false},"author":1,"featured_media":18578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[949,1289,46],"class_list":["post-18579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitwise","tag-cryptocurrency-staking","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18579"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18578"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}