Sui Teams Up with 21Shares to Drive Global SUI Token Adoption
Sui has announced a strategic partnership with 21Shares, a leading cryptocurrency exchange-traded product provider, to accelerate the adoption of its native SUI token. The collaboration, revealed on May 14, coincides with 21Shares’ expansion into the U.S. market and leverages Sui’s robust blockchain infrastructure.
Switzerland-based 21Shares sees this alliance as a key entry point into the American market, tapping into Sui’s rising institutional demand in decentralized finance (DeFi) and real-world asset (RWA) tokenization. Federico Brokate of 21Shares highlighted that this MOVE underscores their confidence in Sui’s pivotal role in the future of blockchain infrastructure.