Grayscale Introduces New Sui Ecosystem Trusts
Grayscale has launched two new single-asset trusts, offering accredited investors exposure to DeepBook (DEEP) and Walrus (WAL) tokens. These trusts are key components of the Sui infrastructure. DeepBook has processed $10 billion in volume, and Walrus secured $140 million in funding.
Sui's DeFi ecosystem has seen rapid growth, with its TVL reaching a high of $2.3 billion. The network is designed for high-throughput and low-latency transactions through parallel processing.
Institutional interest in Sui is increasing, with Mill City Ventures allocating significant funds to SUI tokens, leading to a 274% surge in its share price. These developments provide unprecedented institutional exposure and new avenues for clients and retail traders.