Grand Cayman, Cayman Islands, June 23rd, 2026, Chainwire

Sui aims to transition more of Bitcoin’s $1.2T market cap into verifiable, productive onchain products.

Hashi, Sui’s native bitcoin finance primitive, gains more institutional support ahead of the scheduled launch of its global testnet this July.  

Sui, where money moves as freely as messages, announced today that Cumberland, Fluid, and SwissBorg have joined the Hashi ecosystem, Sui’s native bitcoin finance primitive, weeks ahead of its scheduled global testnet launch this July. The expanding coalition addresses a critical bottleneck in crypto: solving the persistent capital inefficiency by unlocking over a trillion dollars of immobile BTC into DeFi safely. 

Previous market cycles demonstrated the systemic dangers of relying on opaque, centralized credit intermediaries such as Celsius, Voyager, and Genesis to generate utility from dormant assets. Hashi replaces centralized balance-sheet trust with verifiable smart contract logic.

But with a strict separation for safety by design, Bitcoin remains securely on the native Bitcoin blockchain. Sui smart contracts handle the cryptographic and programmatic rights to enable its use as financial collateral.

“Hashi was built to unlock the productive use of Bitcoin at a scale the industry hasn’t seen before,” Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, the original contributor to Sui. “We believe Bitcoin will become one of the largest sources of collateral in finance as the world moves onchain, and Hashi provides the foundation to make that possible on Sui.”

Built for Institutional Bitcoin Finance

Hashi is a foundational primitive setting a new standard for how builders can create bespoke, Bitcoin-backed financial products with risk parameters and loan terms that are fully verifiable onchain. In just a few weeks’ time, institutions, custodians, wallet providers, and developers can begin freely testing the infrastructure that will support Bitcoin-backed lending, borrowing, and credit origination on Sui. 

Expanded Institutional Support

Three new powerhouses join the growing Hashi ecosystem, broadening support for institutional liquidity providers, market makers, and digital asset platforms:

• Cumberland: One of the digital asset industry’s largest institutional market makers, Cumberland joins the Hashi ecosystem to evaluate the protocol’s structural frameworks and prepare for eventual onchain liquidity provisioning.
• SwissBorg: A European wealth management app with over one million users, is exploring opportunities to connect its network of European high-net-worth Bitcoin holders and liquidity providers to Hashi, creating new pathways for Bitcoin-backed borrowing and lending.
• Fluid: A major DeFi lending protocol with a strong record of efficient, safe trades, is now building in preparation for mainnet institutional services. Fluid’s participation would provide institutional-grade lending markets and deepen access to Bitcoin-backed credit on Sui.

These new builders join an industry-leading group of infrastructure providers, custodians, and DeFi protocols already working together to build a native Bitcoin financial ecosystem on Sui.

“Bitcoin is the world’s most liquid digital asset, but without native utility, it remains an off-chain asset,” said Paul Kremsky, Global Head of Business Development at Cumberland. “Hashi is exciting because it introduces a transparent, institutional-grade framework for BTC-backed credit that will replace synthetic workarounds with a product we are excited to use ourselves.”

“Our community has consistently sought native ways to lend and borrow against their Bitcoin,” said Cyrus Fazel, Founder & CEO at SwissBorg. “We’re thrilled to see Hashi delivering innovative solutions that make this a reality.”

“The next phase of the industry’s growth will come from bringing larger pools of capital onchain through infrastructure institutions can actually trust,” said Samyak Jain, Co-Founder & CEO at Fluid. “Hashi gets this right: Bitcoin stays on its native chain while verifiable contracts make it productive as collateral. Fluid’s lending infrastructure is built to turn that into deep, capital-efficient Bitcoin-backed credit markets on Sui.”

These additions expand the growing consensus of many partners announced earlier this year that Sui is where Bitcoin finance will take flight, thanks to Hashi:

Custody & Wallet Access 

• BitGo: Institutional custody clients.
• Blockdaemon, Cobo, Fordefi (by Paxos): Institutional wallet and infrastructure providers.
• Cubist: Cross-chain collateral infrastructure and transfer engine.
• Ledger: Retail/institutional self-custody.
• SwissBorg: UHNW European retail/institutional asset management and wallet interface.

Lending, Trading & Liquidity Providers

• Bullish: Institutional digital asset platform supplying liquidity.
• Cumberland: Leading institutional crypto market maker and liquidity provider.
• Erebor: OCC-chartered bank providing liquidity.
• FalconX: Institutional prime brokerage supplying liquidity.

DeFi & Lending Applications

• AlphaLend, Bluefin, Current, Scallop, Suilend: Native DeFi protocols enabling retail lending and borrowing on day one.
• Fluid: Connecting lending, borrowing, liquidity and more financial products into a capital-efficient system. 
• Navi: One of Sui’s largest and longest running DeFi protocols slated for Hashi lending. 

Vaults & Asset Management

• Concrete by Blueprint Finance: Yield-infrastructure vault platform.
• Inveniam Capital: Real-World Asset (RWA) yield strategies.
• Wave Digital Assets LLC: SEC-registered investment adviser working with industry partners to facilitate the issuance of Bitcoin-collateralized bonds.

Index Oracle, Insurance & Security Auditing

• CF Benchmarks: Crypto index provider distributing pricing data via oracles.
• Soter Insure: Native, Bitcoin-denominated institutional insurance.
• Asymptotic, Certora, OtterSec: Smart contract security and formal verification auditors.

The activation of the global testnet this July represents the ultimate rehearsal for fully changing Bitcoin Finance. This sandbox environment is designed for institutional engineers, Sui protocols and developers, and custody partners to test integration parameters, stress-test the code under simulated market volatility, and verify cryptographic integrity ahead of mainnet release.

Technical documentation and testnet access configurations will be hosted at https://www.sui.io/hashi. 

About Sui

Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Users can learn more at sui.io. 

Contact: media@sui.io

Contact

Sui Foundation
media@sui.io

The event featured in-depth exchanges of insights on international enrollment, student success, compliance, and strategic partnerships

United States, 23rd Jun 2026 — GoElite, the global education platform that connects international students with top universities and hybrid programs, today announced that it convened a PDSO and DSO Roundtable on May 27, 2026. A Principal Designated School Official (PDSO) is a school’s primary administrator authorized by the U.S. government to manage student visa documents and ensure institutional compliance with immigration. The event featured international education professionals and university leaders exchanging insights on university collaboration, international enrollment, student success, compliance, and strategic partnerships. 

“This initiative highlights our growing role in connecting institutions and driving collaborative solutions within the international education community,” said a spokesperson for GoElite. “And, we felt we needed to bring leaders together because of the ongoing regulatory updates affecting F-1 status and Duration of Status (D/S) policy. These changes affect international student recruitment, higher education partnerships, and international student success.”

The Roundtable discussion cut across the most pressing issues facing compliance officers and DSO teams today. These include how institutions are interpreting regulatory changes and how to advise students through the resulting uncertainty. Participants shared insights about the importance of coordination between DSO teams and admissions, academic advisors, and external partners. The Roundtable also served as a venue for an important dialogue about the emotional weight of this moment. 

The spokesperson added, “DSOs are not just technical compliance officers. They are often the first person an international student calls when something goes wrong, such as when a problem emerges with immigration status.”

To explore partnership opportunities with GoElite, visit https://goelite.com/partners/institutions 

About GoElite

GoElite is a leading international education agency dedicated to helping students worldwide achieve their academic and life goals in the United States. The organization partners with top-tier universities, global recruitment agencies, and education stakeholders to create win–win opportunities. With a student-first philosophy, professional expertise, and a commitment to excellence, GoElite has built a reputation as a trusted bridge between global talent and world-class education.

Media Contact

Organization: GoElite

Contact Person: Hugh Taylor

Website: https://goelite.com/partners/institutions

Email: Send Email

Country:United States

Release id:46393

The post GoElite Convenes PDSO and DSO Roundtable Featuring International Education Professionals and University Leaders appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Germany, 23rd Jun 2026 – As artificial intelligence continues to move from research laboratories into everyday life, discussions surrounding digital literacy, technological awareness, and responsible AI adoption have become increasingly relevant across industries. From education and healthcare to finance and business operations, AI technologies are influencing how people work, learn, and make decisions.

Against this backdrop, the Operation HOPE Global Initiative (OHGI) is expanding its focus on digital education through HOPE AI, an initiative designed to support AI literacy and promote greater understanding of emerging technologies.

The rapid advancement of artificial intelligence has created new opportunities for productivity, innovation, and economic development. At the same time, it has highlighted the growing need for accessible education that helps individuals understand how these technologies function and how they may impact society.

Many experts believe that digital literacy is becoming as important as traditional literacy in the modern economy. As AI-powered tools become more widely available, individuals and organizations are increasingly seeking practical knowledge that enables them to adapt to changing technological environments.

According to Professor Martin Eichenfels, technological progress delivers its greatest value when it is accompanied by education. He notes that while artificial intelligence offers significant potential, long-term success depends on ensuring that people have access to the knowledge and skills needed to engage with these technologies responsibly.

Through HOPE AI, OHGI seeks to contribute to this educational effort by encouraging greater awareness of artificial intelligence and its practical applications. The initiative focuses on supporting learning opportunities related to digital technologies while fostering discussions about responsible innovation, transparency, and the role of AI in modern society.

The initiative also reflects a broader global trend. Governments, educational institutions, and private-sector organizations around the world are investing in programs designed to improve digital skills and prepare individuals for technology-driven economies. As AI continues to evolve, educational programs that bridge the gap between innovation and public understanding are expected to play an increasingly important role.

Annika Rosenberg, advisor to OHGI, believes that access to technology education should extend beyond technical professionals. She emphasizes that individuals from diverse backgrounds can benefit from understanding how emerging technologies influence communication, business, employment, and everyday life. Expanding access to digital knowledge, she argues, is an important step toward broader participation in the digital economy.

In recent years, conversations surrounding artificial intelligence have increasingly focused on responsible development and ethical considerations. Questions regarding transparency, accountability, data governance, and human oversight continue to shape discussions among policymakers, researchers, and industry leaders. Educational initiatives that encourage informed engagement with these topics can help individuals better understand both the opportunities and challenges associated with AI adoption.

OHGI views digital literacy as a long-term investment in human development. By supporting educational outreach and knowledge-sharing initiatives, the organization aims to encourage greater confidence and understanding in an increasingly technology-driven world. The objective is not only to help people learn about artificial intelligence, but also to support critical thinking and informed decision-making as digital technologies become more integrated into daily life.

As artificial intelligence continues to transform global industries, initiatives such as HOPE AI demonstrate the growing importance of education in shaping how societies adapt to technological change. While innovation remains a driving force behind economic growth, many experts agree that education and awareness will be equally important in determining how successfully communities navigate the opportunities of the digital future.

About Operation HOPE Global Initiative (OHGI)

Operation HOPE Global Initiative (OHGI) is dedicated to supporting education, digital literacy, and public awareness related to emerging technologies. Through collaborative initiatives and educational programs, the organization seeks to promote access to knowledge and encourage informed participation in the evolving digital economy.

For more information, visit www.operationhopes.de.

Media Contact

Organization: Operation HOPE Global Initiative （OHGI）

Contact Person: Brand

Website: https://www.operationhopes.de/index.html

Email: Send Email

Country:Germany

Release id:46388

The post Operation HOPE Global Initiative Expands HOPE AI with Support from Martin Eichenfels and Annika Rosenberg appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section