PANews August 12 news, according to The Block report, Grayscale announced the establishment of two single-asset trusts, DeepBook and Walrus, which hold the native tokens DEEP and WAL on the Sui blockchain, respectively. DeepBook provides a liquidity layer for decentralized financial applications on the Sui network, while Walrus focuses on on-chain data storage and privacy, supporting cross-chain applications. The market capitalizations of the two tokens are approximately $372 million (DEEP ranked 226) and $559 million (WAL ranked 168), with prices dropping about 5% and 3% respectively in the last 24 hours. The trust products are only open to qualified investors for daily subscriptions and do not promise secondary market trading.
