Recent SUI News: Institutional Adoption: Sygnum Bank, a Swiss digital asset bank, has integrated the SUI network, offering regulated custody and trading services. This move enhances SUI's institutional liquidity and credibility, with staking and collateralized lending services expected soon. Treasury Investments: Mill City Ventures rebrands as SUIG SUI Group, a Nasdaq-listed firm, allocated $450 million to acquire 76.2 million $SUI tokens, marking it as the first public company to hold SUI as a treasury reserve. This signals strong long-term confidence in Sui’s ecosystem, backed by investors like Galaxy Digital and Big Brain Holdings. DeFi Growth: Sui’s DeFi ecosystem Total Value Locked (TVL) reaching $2.5 billion, driven by protocols like Suilend, NAVI, Cetus, and Scallop Lend. The integration of stablecoins like USDC and others, with a combined market cap of over $406 million, further boosts ecosystem utility. AI Integration: Sui partnered with Alibaba Cloud to launch an AI...
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