SUI IN THE SIGHT OF WALL STREET
Giant #21Shares launches ETF
The Swiss asset manager 21Shares has formally submitted an S-1 registration statement to the U.S. Securities and Exchange Commission #SEC for the launch of an exchange-traded fund (ETF) based on cryptocurrency #sui
"Since our initial research on Sui, we believed it could become one of the most exciting blockchains in the industry, and we are seeing that thesis come to fruition," said Duncan Moir, president of 21Shares, speaking at Sui's annual Basecamp conference.
SUI is a layer 1 blockchain developed by former Meta engineers, and the native token of the network has a market cap of $11.8 billion.
