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Grayscale Expands into Sui Ecosystem with DeepBook and Walrus Trusts
Grayscale Expands into Sui Ecosystem with DeepBook and Walrus Trusts
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BTCCSquare news:
Grayscale Investments has launched two new single-asset trusts targeting Sui's infrastructure layer—DeepBook (DEEP) and Walrus (WAL)—marking a strategic pivot from LAYER 1 tokens to protocol-level exposure. The move grants accredited investors direct access to Sui's central limit order book and on-chain data storage solutions, both critical to the network's DeFi and gaming applications.
DEEP and WAL tokens rallied 12% and 7% respectively post-announcement, though volatility persists. Grayscale's bet underscores institutional growing interest in blockchain infrastructure over speculative assets.
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