Grayscale Shakes Up Crypto: DeepBook and Walrus Trusts Launch on Sui Blockchain

Grayscale just dropped a bombshell—DeepBook and Walrus Trusts are now live on Sui's high-speed blockchain. Institutional players, meet your new playground.

Why it matters: Sui's scalability meets Grayscale's clout, creating a powerhouse combo for crypto-native financial products. TradFi dinosaurs, take notes.

The fine print: No numbers disclosed (typical finance opacity), but expect liquidity wars as whales pile into these structured products. Just don't ask about fees—some things never change.

Grayscale has introduced two single-asset investment trusts, giving investors direct access to the DEEP and WAL tokens. DEEP powers DeepBook, a decentralized order book for high-speed, efficient trading, while WAL drives Walrus, a secure, scalable on-chain data storage solution. Both protocols are part of the Sui blockchain, known for its low fees, fast transactions, and flexible smart contracts. This MOVE broadens Grayscale’s offerings and opens new doors for accredited investors to tap into Sui’s expanding DeFi and data infrastructure ecosystem.