Sui & Fireblocks Set to Deliver A New Era Of Institutional Infrastructure

The integration will bring a comprehensive suite of capabilities to Sui, including: 

• Native custody for SUI assets and full support for the SUI Coin Standard, enabling seamless storage and management of Sui-based tokens. 
• Direct exchange connectivity for SUI-based tokens.
• Access to Sui DeFi protocols through WalletConnect 

Unlocking the next phase of institutional adoption

“Sui coming to Fireblocks is a major step forward for institutional accessibility on Sui and a solution to quickly meet the surge in TradFi interest in the ecosystem,” said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original contributor to Sui. “Offering the best institutional-grade custody, staking, and DeFi access is fundamental to Sui’s continued growth within institutions, and Fireblocks is the ideal infrastructure provider to help Sui get there.”

Sui continues to set new benchmarks for performance and adoption, recently surpassing a stablecoin market cap of $860 million, monthly stablecoin transfer volume of over $70 billion, and more than $110 billion in total DEX volume. 

The Fireblocks integration will mark the latest milestone in a breakout year for the network, which continues to see its reach and influence expand within the institutional sector.

About Fireblocks

Fireblocks is the world’s most trusted digital asset infrastructure company, empowering organizations of all sizes to build, run and grow their business on the blockchain. With the industry’s most secure, scalable and comprehensive platform, we streamline custody, tokenization, payment, settlement, and trading operations across the largest ecosystem of exchanges, custodians, banks, payment providers and stablecoin issuers in the world. Over 2,000 organizations – including BNY Mellon, Galaxy, and Revolut – trust Fireblocks to secure more than $10 trillion in digital asset transactions across 100+ blockchains and over 300 million wallets. Learn more at fireblocks.com  

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences. For more information about Sui, please visit https://sui.io.

Contact: media@sui.io