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Hashi enables Bitcoin collateral on Sui without wrapping

Hashi, a protocol for cross-chain asset referencing, has introduced a method for using Bitcoin as collateral on the Sui blockchain without the need for wrapping. This approach avoids the custody risks and potential depegging issues associated with wrapped Bitcoin. Instead, it utilizes a vault commitment on Bitcoin and a read-only proof on Sui, allowing a Sui-side contract to verify the locked state of the Bitcoin collateral. AI

IMPACT Enables new DeFi strategies by allowing native Bitcoin to be used as collateral on other blockchains without wrapping.

RANK_REASON This describes a new technical capability for using an existing asset on a new platform, which falls under tooling.

Read on dev.to — MCP tag →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Hashi enables Bitcoin collateral on Sui without wrapping

How we ranked this

Signal score
0 / 100
Composite score across the factors below. Higher = stronger signal that this story matters right now.
Newsworthiness bucket
Tool
This describes a new technical capability for using an existing asset on a new platform, which falls under tooling.
Source corroboration
Single-source cluster
Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
Topics
product, infra
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AI-industry relevance
Standard
On-topic for AI-industry coverage; kept in the public index.
Story freshness
152 days old
Aged out of breaking-news scoring windows; ranking reflects the durable signal from the full source set.

Full methodology in our editorial standards.

COVERAGE [1]

  1. dev.to — MCP tag TIER_1 English(EN) · Baris Sozen ·

    FAQ: Can my Bitcoin balance be collateral for a trade settled on Sui — without wrapping it?

    <p>This question keeps coming up from people building agent treasuries. The agent holds native BTC. It wants to do a trade whose other leg lives on Sui — say, sell some BTC into ETH, or use BTC as collateral for an SUI-denominated forward. The default answer in 2025 was "wrap it.…