Sui has recently launched the Bitcoin financial protocol Hashi online, backed by a list of highly reputable institutions, including BitGo, Ledger, and FalconX, indicating a strong intention to take a big bite out of the BTCFi space.

From a fundamental perspective, the core of this operation lies in bringing the dormant top liquidity of BTC into Sui's highway through lending and yield narratives. Although it is still in the testing phase, this is a typical "infrastructure first" strategy. Sui's technical foundation, combined with the endorsement of these leading custodians, has significantly raised expectations for the security of cross-chain assets. If it can smoothly deploy the mainnet in the future, the ecological TVL is likely to take a big leap, and the logic of this top institution setup is quite solid, warranting continued attention. Do you think retail investors will buy into BTC wealth management on Sui? #BTCFi #DeFi #SuiEcosystem $SUI

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