Cubist

Introducing Hashi: a new era of Bitcoin finance on Sui. Bitcoin's market cap exceeds $1 trillion. < 0.5% of it is used in DeFi. Hashi is here to change that, with commitments from industry leaders including BitGo, Bullish, Erebor Bank, FalconX, Fordefi, Ledger, and more.

A lot changes when people start relying on what you build. Over the past few years, Cubist has gone from helping teams experiment onchain to running systems that institutions depend on to move billions of dollars. Rohan stepped away from a compelling role as CEO of Gemini's prediction market to help Cubist meet rising institutional demand, and we’re honored by the conviction behind that choice. We shared a blog post today about this moment and why welcoming Rohan as President feels like the right step as banks and enterprises move tokenized deposits, stablecoins, and onchain workflows into regulated production.

Skate Bytes: 1-Click access to every App, Everywhere

One for the history books. The industry's first live asset transition is complete✅ BTC.b now runs on Lombard's architecture. 3,785 BTC were migrated with minimal user disruption. All functions are operational and all tokens, balances, and integrations remain unchanged.

2025 was the year onchain solutions went from experimental to mission-critical. We are proud to power some of the largest infrastructure and asset movements in crypto. Here's how Cubist powered 2025: 🏦 Drove capital efficiency for regulated finance 🔹 Expanded Cubist’s Japanese footprint by supporting a $2T payment provider as they evolve Japan’s legacy financial rails into programmable infrastructure 🔹 Released on-premise and multi-region deployment models to serve institutions who have strict regulatory and performance requirements 🔹 Optimized signing latency that allowed our HFT/market making customers to eliminate hot wallets and safely deploy more capital into their strategies 🔐 Enabled secure and seamless user experiences 🔹 Powered sub-second cross-chain swaps for a major liquidity provider and a popular consumer wallet with tens of millions of monthly active users 🔹 Served as a whitelabeled solution powering a major L1’s new UX-focused Wallet-as-a Service 🔹 Locked down high-value treasury, validator, and smart contract keys holding over $10B for institutional and protocol teams using policy-protected access control 🔹 Voted “Best Hardware Wallet” at The Digital Banker’s Digital Assets Awards 2025 🧩 Developed novel DeFi capabilities 🔹 Launched Cubist Confidential Cloud Functions (C2F) as the industry’s first chain-agnostic solution for private or cross-chain smart contracts 🔹 Extended Bitcoin into programmable DeFi by operating bridge infrastructure that enforces 1:1 BTC backing for wrapped Bitcoin assets totaling over $2B in circulation 🔹 Teamed up with investors to incubate new (soon-to-be announced) companies made possible by Cubist tech We are grateful to our investors and partners who have trusted us on this journey. We aren't just protecting today’s assets; we are building the tools that make entirely new financial models possible. Cubist is proud to power the infrastructure of 2025, and we’re already hard at work building the breakthroughs of 2026.