21Shares and Sui Strengthen Partnership Amid Surging SUI TVL
21Shares and sui have deepened their collaboration as institutional interest and on-chain activity for the layer-1 blockchain surge. The Switzerland-based ETP provider will support joint product development and research initiatives, leveraging Sui’s technical infrastructure and DeFi capabilities.
SUI’s total value locked (TVL) has jumped 70% since the partnership was first announced on May 1, with the formal agreement signed on May 14. "Sui represents the future of blockchain infrastructure," said Federico Brokate of 21Shares, highlighting the network’s growing institutional appeal.