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• • Nexo

Mysten Labs has announced Hashi, a protocol designed to unlock several financial applications for native Bitcoin in a trust minimized way.

Mysten Labs co-founder Adeniyi Abiodun walks through how Hashi works and how it differs from wrapped Bitcoin tokens and L2s.

He says the protocol is built with institutions in mind, highlighting for one that it does not trigger a tax event like alternatives and also comes with low-premium on-chain Bitcoin denominated insurance.

Listen to find out how Hashi manages these and more.

Will Mysten Labs succeed in unlocking Bitcoin’s long-desired $1.4 trillion liquidity?

Guest:

• • Adeniyi Abiodun, Co-Founder and CPO of Mysten Labs

Links:

• • Unchained:
    • Sui Blockchain Restored After Six-Hour Outage
    • Sui-Based Typus Finance Loses $3.4 Million in Hack
    • Coinbase’s cbBTC Crosses $1 Billion Market Cap, Deploys on Solana
    • New Bitcoin Liquid Staking Protocols Aim to Replicate Lido’s Success
    • Kraken Launches Wrapped Bitcoin Token kBTC
    • Top Wrapped Bitcoin (WBTC) Alternatives You Should Know About