Sui will soon join forces with Fireblocks, one of the most trusted names in digital asset security, to enhance institutional-grade infrastructure on the leading Layer 1 network, marking a significant step forward in expanding institutional access to the Sui ecosystem. From secure custody to seamless DeFi connectivity, Fireblocks will enable institutions to engage with Sui more easily and at scale.
The integration will bring a comprehensive suite of capabilities to Sui, including:
- Native custody for SUI assets and full support for the SUI Coin Standard, enabling seamless storage and management of Sui-based tokens.
- Direct exchange connectivity for SUI-based tokens.
- Access to Sui DeFi protocols through WalletConnect
Unlocking the next phase of institutional adoption
“Sui coming to Fireblocks is a major step forward for institutional accessibility on Sui and a solution to quickly meet the surge in TradFi interest in the ecosystem,” said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original contributor to Sui. “Offering the best institutional-grade custody, staking, and DeFi access is fundamental to Sui’s continued growth within institutions, and Fireblocks is the ideal infrastructure provider to help Sui get there.”
Sui continues to set new benchmarks for performance and adoption, recently surpassing a stablecoin market cap of $860 million, monthly stablecoin transfer volume of over $70 billion, and more than $110 billion in total DEX volume.
The Fireblocks integration will mark the latest milestone in a breakout year for the network, which continues to see its reach and influence expand within the institutional sector.
