🚨🚨 #SuiNetwork 🚨$SUI 🚨🚨
🚨 Big News: Sui x 21Shares Partnership!
Sui has just teamed up with 21Shares, one of the top crypto ETP providers, in a move that could massively boost institutional interest in the Sui ecosystem. Here’s what you need to know:
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🔹 A New ETP is Live!
21Shares has launched the ASUI ETP – a product that gives investors exposure to the SUI token with built-in staking rewards. No need to manage wallets or handle staking manually – it’s all done for you.
💸 Zero Fees (for now)
ASUI comes with no management fees until January 2025 or until it hits $500 million in assets. That’s a pretty generous offer and a smart play to attract early institutional capital.
🌍 Global Expansion Goals
This partnership is all about making Sui more accessible worldwide, especially to institutions that want regulated ways to get into crypto.
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🔥 Not Just That – Sui is on a Roll!
Partnered with Franklin Templeton, a $1.5T asset manager, to support builders and innovation on Sui.
Teamed up with Ant Digital (part of Alibaba’s ecosystem) to tokenize ESG-related real-world assets – starting with solar materials in China.
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📊 SUI Token Update
Current price: $3.77
24h range: $3.71 – $3.96
Down slightly today, but this news could give it a long-term boost.
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Bottom Line:
Sui isn’t just building tech – they’re locking in real partnerships to bring crypto into traditional finance. With 21Shares and other big names backing them, it’s definitely one to watch.