SUI Group Holdings Emerges with $450M Treasury Strategy to Become Premier Sui Ecosystem Bank

[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN] SUI News - Mill City Ventures III has officially rebranded as Sui Group Holdings (NASDAQ: SUIG) following a massive $450 million private investment to establish a treasury strategy anchored to the Sui blockchain. The strategic pivot, confirmed on August 25, positions the company as the premier treasury vehicle for Sui ecosystem growth. Chairman Marius Barnett revealed an exclusive partnership with the Sui Foundation, outlining capital deployment through staking, lending, liquidity provisioning, and insurance mechanisms. The long-term vision transforms Sui Group into a potential "Sui Bank"—targeting 5-10% network ownership as a central liquidity hub. Barnett defended the concentrated SUI allocation over diversified crypto exposure, highlighting the network's institutional-grade infrastructure and scalable design as key competitive advantages.