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Bitwise’s February announcement arrived as two moves packaged as one. The crypto asset manager announced a partnership with Morpho to launch curated yield vaults and simultaneously acquired Chorus One’s institutional staking business.
It looks like a deliberate assembly: curation mechanisms to filter protocol risk, infrastructure to deliver returns, and enough operational scaffolding to make the whole stack recognizable to allocators who think in basis points rather than memes.
That combination of yield…