SUI Gains 4% as Swiss Bank AMINA Launches Institutional Trading & Custody
Sui's price surged over 4% to $3.56 after AMINA Bank AG became the first FINMA-regulated institution to offer custody and trading services for the blockchain's native token. This development marks a significant milestone in institutional adoption for the high-performance LAYER 1 network.
The integration of sui into Mill City Ventures' $450 million treasury strategy further demonstrates growing institutional confidence. Multiple ETF filings for Sui additionally reinforce its position within the digital asset ecosystem.
This announcement highlights Sui's technical advantages in scalability, emerging as traditional finance increasingly bridges with blockchain infrastructure. AMINA's move follows a trend of regulated entities expanding support for altcoins beyond just Bitcoin and Ethereum.