Hashi launches with $500 million for Bitcoin loans: the collateral stays on the Bitcoin chain

Hold Bitcoin and need cash and you long had only one option: sell. Since October 9, 2026 a second variant is on the table. Mysten Labs, the development firm behind the Sui blockchain, is launching Hashi, a network through which Bitcoin serves as collateral for loans without leaving the Bitcoin blockchain. More than $500 million in capital commitments from over twenty partners stands behind it, according to CoinDesk. The launch runs in phases through October. For investors in Europe this is, to begin with, news about a product you will not find in your banking app.