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Bitcoin DeFi Has Been Elusive. Can Mysten Labs Bring $1.4 Trillion Onchain?
30 minutes Posted Mar 20, 2026 at 10:29 pm.
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Adeniyi Abiodun, co-founder and CPO of Mysten Labs,  walks through how Hashi works and how it differs from the competition. Can it succeed where others have failed?
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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
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