A new strategic collaboration: this time, the Sui Foundation and the exchange Crypto.com are joining forces to boost SUI institutional custody. With this partnership, they seek to expand institutional-level custody, liquidity, and regulatory compliance for the SUI token, the network’s native token. Eric Anziani, president of Crypto.com, highlighted that their “rigorously compliant infrastructure” offers confidence to institutional clients. Meanwhile, Christian Thompson, managing director of the Sui Foundation, called the alliance a “crucial on-ramp” for institutions and high-net-worth (HNW) clients.
The alliance aims for a direct impact on high-net-worth institutional clients who are Crypto.com users. They will be able to manage and store their SUI holdings in a regulated environment. Benefits include cold storage, transparent audits, and access to Crypto.com’s robust liquidity pool, enabling faster and more efficient conversions — a vital element for institutional trading operations.
The partnership comes at a time of growing institutional interest in Sui, which has already seen investment products like ETFs and ETNs linked to its ecosystem. The next step is to watch how this custody and liquidity infrastructure facilitates the entry of TradFi capital. The alliance closes the gap between Sui’s innovative technology and enterprise-level oversight requirements, helping to cement SUI’s credibility in traditional financial markets.
Source: https://x.com/SuiNetwork/status/1988067200020722037
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