Unlocking the Secrets: How Grayscale’s New Trusts Supercharge SUI’s Future! 🚀

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Ah, the Sui (SUI) blockchain! Like a sprightly youth, it dances with vigor, drawing in the curious and the ambitious alike. And lo! This momentum, like a runaway train, shows no signs of slowing down.

In a delightful twist of fate, Grayscale has unveiled not one, but two shiny new single-asset investment trusts, promising to sprinkle a little magic dust on the Sui network’s growth. Who knew finance could be so thrilling? 🎉

Behold! Sui Blockchain Gains Strength with Grayscale’s New Investment Trusts

On the fateful day of August 12, Grayscale, that titan of digital asset investment, announced the birth of the Grayscale DeepBook Trust and Grayscale Walrus Trust. Yes, you heard it right-DeepBook and Walrus! Sounds like a quirky duo from a children’s book, doesn’t it?

These trusts, much like their siblings in Grayscale’s family, are exclusively devoted to the DEEP and WAL tokens, respectively. Investors can now waltz right in and subscribe daily, provided they have the right credentials. Fancy that! 💼

But what’s in it for Sui, you ask? Well, my dear reader, DeepBook and Walrus are not just whimsical names; they are the very backbone of Sui’s ecosystem! DeepBook serves as the decentralized central limit order book (CLOB)-a fancy term for the liquidity lifeblood of Sui’s DeFi applications. Talk about a vital organ!

And then we have Walrus, the decentralized storage platform, which is like a digital attic for developers to stash away their large data files-videos, images, PDFs, you name it! It’s resilient, scalable, and can even handle data from other blockchains. A true multitasker! 🦸‍♂️

“DeepBook and Walrus provide infrastructure designed for high-performance on-chain liquidity and data, helping power the next wave of scalable, real-world blockchain applications,” declared Rayhaneh Sharif-Askary, Head of Product & Research at Grayscale. Sounds impressive, doesn’t it?

With these trusts now in play, Sui’s ecosystem is set to bask in the limelight. Grayscale’s involvement is like a spotlight shining on Sui, making it all the more appealing. Institutional confidence? Check! Legitimacy? Double check! 🏆

And let’s not forget the developers and users flocking to Sui like moths to a flame. Each new participant adds value, creating a delightful network effect that accelerates growth. It’s like a party where everyone brings a dish to share-who doesn’t love a good potluck?

“We believe these two product launches are a seminal moment in the journey of the Sui ecosystem. With Grayscale DeepBook Trust and Grayscale Walrus Trust, investors will now have direct exposure to two core protocols within the Sui ecosystem,” proclaimed Adeniyi Abiodun, Co-Founder and CPO at Mysten Labs. A momentous occasion indeed!

Lastly, these trusts are likely to crank up the transaction volume on the Sui blockchain, sending network activity soaring. And all this excitement is happening amidst a broader trend of growth and development. Who knew blockchain could be so lively?

Artemis data reveals that daily active addresses on Sui have hit a new all-time high. It’s like watching a garden bloom, showcasing the increasing interest in this vibrant blockchain.

Moreover, the surge in SUI code commits in 2025 further solidifies this momentum, reflecting a bustling hive of developer activity and an unwavering commitment to improvement. Onward and upward, dear friends!

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2025-08-13 10:47