Grayscale Expands Offerings with DeepBook and Walrus Trusts on Sui Blockchain
Grayscale has launched two single-asset investment trusts tied to the Sui blockchain, providing accredited investors exposure to DEEP and WAL tokens. The MOVE signals growing institutional interest in Sui's high-performance DeFi infrastructure.
DeepBook, powered by DEEP, operates as a decentralized order book designed for low-latency trading. Walrus, driven by WAL, offers scalable on-chain data storage solutions. Both leverage Sui's advantages—sub-second finality, negligible fees, and Move-based smart contracts.
The trusts mark Grayscale's first dedicated products for sui ecosystem assets. Market observers note this reflects maturing demand for alternatives to Ethereum-centric DeFi protocols, particularly those emphasizing speed and cost efficiency.
