Sui said its Bitcoin financial infrastructure initiative, Hashi, is scheduled to start a global testnet in July this year. According to Foresight News, Cumberland, SwissBorg, and Fluid have joined the Hashi ecosystem as the latest additions among more than 20 partners.

Sui said previously participating institutional partners include BitGo, Blockdaemon, Bullish, Erebor Bank, FalconX, and Ledger. It added that these partners span multiple areas of Bitcoin finance, including custody, liquidity, and lending.