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Mill City Ventures Makes Historic $450M Bet on SUI Token Strategy
Mill City Ventures Makes Historic $450M Bet on SUI Token Strategy
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Mill City Ventures, a short-term lender, has become the first public company to allocate $450 million toward a SUI token strategy, acquiring approximately 76.3% of the available tokens. This move signals growing institutional interest in blockchain-based assets beyond Bitcoin and Ethereum.
The investment establishes Mill City as a pioneer in corporate treasury diversification into LAYER 1 tokens. SUI's technology stack, emphasizing scalable smart contracts, appears to have attracted strategic allocation from traditional finance players seeking exposure to next-generation protocols.
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