Grayscale Expands Support for $SUI with New Token Trusts 😳🤯

Grayscale has introduced single-asset investment trusts for Sui’s DEEP (focused on DeFi liquidity) and WAL (centered on privacy and data solutions), now open for daily subscriptions to accredited investors.

WAL has risen 7% to $0.43 with a market capitalization of $606 million, while DEEP has surged 12% to $0.17, reaching a $583 million market cap.

This move signals increased institutional interest in Sui’s DeFi and data-driven ecosystem and forms part of Grayscale’s broader $50 billion revival strategy following its $800 million setback in 2023.