SUI Skyrockets as AMINA Bank Unveils World’s First SUI Trading & Custody Services

Move over, traditional finance—SUI just got a turbocharged institutional on-ramp.

AMINA Bank flips the switch on global SUI trading and custody, sending the token's price into the stratosphere. Finally, a crypto bank that doesn't treat digital assets like radioactive waste.

Bullish signal or temporary hype? The charts don't lie—liquidity's flooding in as whales position for what comes next. Just don't ask the suits about their 'blockchain strategies' from 2018.

TLDR

• Sui price jumps over 4% following AMINA Bank’s launch of global SUI trading and custody services.

• AMINA Bank is the first regulated institution to offer custody and trading for Sui.

• Sui’s institutional adoption grows with multiple ETF filings underway.

• Mill City Ventures integrates SUI tokens into its $450 million treasury strategy, signaling increased institutional interest.

Sui price has surged by over 4% to trade at $3.56 following the announcement of AMINA Bank’s launch of SUI token trading and custody services. This move marks a significant step toward broader institutional adoption, with the Swiss-regulated crypto bank becoming the first worldwide to offer such services for the Sui blockchain. The news has sparked interest in SUI’s technical advantages and its potential in the rapidly growing blockchain ecosystem.

AMINA Bank Expands Institutional Access to SUI

AMINA Bank AG, a Swiss Financial Market Supervisory Authority (FINMA)-regulated crypto bank, has launched custody and trading services for SUI, the native token of the sui blockchain. This initiative is notable because it makes AMINA the first licensed bank globally to offer trading and custody solutions for SUI. The timing of this launch coincides with growing institutional interest in the Sui blockchain, which is known for its scalability and speed.

The bank’s MOVE is expected to facilitate further institutional participation in Sui, ahead of anticipated public market integration. AMINA’s regulated environment ensures that its clients can access SUI securely, with transaction governance measures designed to meet compliance and audit requirements.

Myles Harrison, Chief Product Officer at AMINA Bank, remarked,

“What sets SUI apart is that it’s been built specifically to replace Web2 infrastructure in businesses, offering efficiencies that many other Layer-1s simply cannot match.”

Sui Token Gains Institutional Recognition

The launch of SUI trading and custody services follows multiple filings for exchange-traded funds (ETFs) tied to SUI, including applications from Canary Capital, 21Shares, and Bitwise. These efforts signal a growing institutional recognition of Sui’s technical merits. The increasing visibility of SUI through ETFs allows both institutional and retail investors to gain exposure to the Sui ecosystem, further supporting its value proposition.

The Sui blockchain’s design has attracted attention due to its suitability for latency-sensitive applications required by large institutions. With a growing total value locked (TVL) of $2.2 billion, Sui is positioning itself as a key player in the evolving blockchain infrastructure space.

Alonso de Gortari, Chief Economist & Director of Product at Mysten Labs, stated, “Sui’s underlying technology was built for the scale that banks and large enterprises require.”

SUI Treasury Strategy Gains Momentum

Another recent development contributing to SUI’s price surge is Mill City Ventures’ decision to adopt a Sui treasury strategy. Mill City Ventures became the first publicly traded company to hold a treasury strategy for Sui, investing $450 million in $SUI tokens through a private investment in public equity (PIPE) deal. This investment was a significant move for Sui, as it enables Mill City Ventures to add 76 million SUI tokens to its treasury.

This partnership with Mill City Ventures adds further credibility to the Sui ecosystem and demonstrates the growing institutional confidence in the project. The Sui Foundation has also supported this treasury initiative, positioning it as an important bridge for traditional capital markets to gain exposure to the Sui ecosystem.

Christian Thompson, Managing Director of the Sui Foundation, stated,

“This treasury vehicle represents an important bridge for traditional capital markets. It enables more accessible and direct exposure to the Sui ecosystem.”